News

Senate proposes big change to Social Security, SALT income tax deduction
The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...
Senate’s ‘big beautiful’ bill trims popular tax breaks — 4 ways it could impact your taxes
U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...
Independent Journal Review1h
‘Doesn’t Have The Votes’: GOP House Members Blast Senate’s ‘Big, Beautiful’ Bill Revisions
The Senate Finance Committee released its revisions to President Donald Trump’s “one big, beautiful” bill Monday night, ...
Trump urges SALT deal as Lawler stands firm on $40,000 cap
President Donald Trump expressed optimism that lawmakers could reach a compromise on the state and local tax deduction - a ...
NY reps warn Senate version of ‘big, beautiful’ bill will be ‘dead on arrival’ if SALT cap lowered to $10K
Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back ...
Senate Trims SALT, Cuts More Medicaid in Proposed Changes to Trump Megabill
Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.
The Bond Buyer1d
Senate Finance bill shields tax-exempt bonds, leaves SALT debate on table
The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.
Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers
US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax ...