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Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.
Senate approves disaster tax relief bill, heads to Trump for signature
(The Center Square) − The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by ...
Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO says
The changes made to President Donald Trump’s big tax bill in the Senate would pile trillions onto the nation’s debt load ...
Senate removes excise tax on renewable energy industry from Trump domestic policy bill
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
Senate's Tax Bill Will Add $270 Billion to the Deficit Next Year, Despite Gimmicks
The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.