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

The legislation extends Trump’s 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion. It ...

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 ...

President Donald Trump signed his mammoth domestic policy bill into law, securing a major legislative win by his July Fourth ...

The GOP megabill has new tax breaks aimed at low- and moderate-income households, and spending cuts that could make it harder ...

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

White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage through the ...

President Donald Trump is expected to sign his package of tax breaks and spending cuts into law Friday after his cajoling ...

The bill is deeply unpopular - with nearly 2-to-1 opposition, according to a Washington Post-Ipsos poll conducted in June.