The Republican tax plan in the U.S. House would raise the cap for the state and local property tax deduction from the current $10,000 to $30,000 for families making up to $400,000. That’s according to ...

Budget-cutting measure has ties to Senate’s plan to reduce PFDs — but it’s not a trade-off, leaders say This story has been updated with additional information from legislative action on Monday. A cap ...

The House Democratic leadership succeeded in passing the Waxman-Markey cap and trade bill by a 219-212 margin. In all, 44 Democrats voted against the bill, and 8 Republicans voted for it. It’s always ...

The U.S. House of Representatives narrowly passed a GOP-backed federal tax bill on Thursday, May 22, that increased the cap on the deduction on state and local taxes to $40,000, extended tax cuts ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the state ...

House Republicans who secured a bigger cap on state and local tax deductions are pushing back on Senate Republicans, who are keeping the SALT cap at $10,000 in their forthcoming legislation as a ...