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The vote tally was 51-49 to proceed with the debate. Senate passage could be days away, and the bill would need to return to ...
Debate will now begin on the spending bill – and that could take hours as New York Democratic Sen. Chuck Schumer has promised to have the nearly 1,000-page measure read before a final vote on ...
Senate Republicans advance Trump's "big, beautiful bill" through key procedural hurdle despite concerns over Medicaid, SALT ...
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...
Speaker Mike Johnson (R-La.) and Treasury Department Secretary Scott Bessent said negotiations over the state and local tax ...
Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a five-year period, according to a person familiar with the matter.