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

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 ...

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

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

It’s the celebration President Donald Trump has been waiting for. After weeks of cajoling Republicans into backing ...

President Donald Trump is slated to use the White House's Fourth of July celebrations as the backdrop for his final victory ...

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

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

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

Republicans in Congress have muscled President Donald Trump’s tax and spending bill to passage. At nearly 900 pages, the ...

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

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