Republicans in the House stayed up all night to pass their multitrillion-dollar tax breaks package, which includes a quadrupling of the state and local tax deduction, or SALT. The bill would set the SALT cap at $40,

In a razor-thin vote, the House of Representatives approved President Trump's 'One Big Beautiful Bill Act,' highlighting the narrow Republican majority and internal divisions. The bill's contentious SALT cap increase was a focal point,

Donald Trump’s ridiculously named Big Beautiful Bill is beautiful mainly to the very wealthy, for whom it extends regressive tax cuts, to the tune of adding some $3.8 trillion to the federal

The GOP's sweeping 'Big Beautiful Bill' narrowly passed the House after key last-minute changes. With SALT deduction tweaks and symbolic 'Trump accounts' swaying votes, the bill now faces an uncertain path in the Senate.