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

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

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

GOP congressional leaders managed to deliver the legislation to the president's desk ahead of his self-imposed July 4 ...

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

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 ...

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

President Trump spoke extensively about his policy bill during an appearance in Des Moines on Thursday as he began a campaign ...

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary ...

It was a victorious moment for President Trump, signing his tax and spending bill during a White House July 4th celebration.