A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

At a Fourth of July White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage ...

President Donald Trump’s mega budget bill passed the House with a four-vote margin Thursday, advancing key pieces of Trump’s ...

On a day of patriotic celebration at the White House, the president signed the “Big, Beautiful Bill” a signature policy bill ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

President Trump triumphantly highlighted tax cuts in the legislation while downplaying cuts to Medicaid and other assistance ...

On Friday, before signing his massive domestic policy bill, President Donald Trump proclaimed at the White House that “it’s ...

The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...

The bill will fund Trump's immigration crackdown, make his 2017 tax cuts permanent, and could knock millions of Americans off ...

President Donald Trump will be celebrating the Fourth of July by signing his massive spending bill that narrowly passed in ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

At the White House on the Fourth of July, President Donald Trump held a “ Big Beautiful Bill ” signing, complete with B-2 ...