SALT crunch begins

Key Republicans are meeting this afternoon for the first time in months to work on one of the biggest obstacles for the House’s tax bill: SALT.

Going into the high-stakes huddle, the strongest GOP opponents of the $10,000 cap on deducting state and local taxes have settled on a range for the limit they could get behind. But their numbers aren’t exactly the same.

“We’re on the same page but maybe not on the same line,” said Rep. Andrew Garbarino (R-N.Y.), co-chair of the SALT Caucus.

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Already a subscriber? Log In

Copied