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The tally, 51-49, came after a tumultuous session with Vice President JD Vance on hand if needed to break the tie.
Senate Republicans cleared a key procedural step as they race to pass Trump’s big bill of tax breaks, spending cuts and ...
A much followed tax break improvement is inching toward becoming a reality. A proposed tweak to the state and local tax (SALT ...
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...
The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...
The Senate cleared a procedural step on Saturday night by a narrow vote. Next will be more debate and amendments.
The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...
After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the ...