A group of House Republicans are demanding the restoration of the full state and local tax (SALT) deduction in the upcoming reconciliation bill, threatening to withhold their support if it isn't included. The 2017 tax law capped the SALT deduction at $10,000, a move unpopular in high-tax states. This demand poses a challenge for Republicans attempting to pass the bill, requiring them to balance the priorities of different factions within the party.
A slew of House Republicans are set to meet with the president at Mar-a-Lago over the weekend, including GOP members of the SALT Caucus, a bipartisan group dedicated to restoring the state and local tax deduction to cut costs for middle-class families. Athat was implemented by Trump in 2017 is set to expire later this year, and some Republicans want to loosen that cap in the forthcoming reconciliation bill — or else they won’t support it.
With the reconciliation bill needing near unanimous support in the House, Trump and Johnson have a tough juggling act ahead of trying to appease various factions of the Republican conference. It’s not clear what a SALT provision in the reconciliation bill would look like, but some Republicans in the House and Senate have been wary about eliminating the cap, arguing it would worsen the national debt and act only as a giveaway for coastal wealthy elites.
SALT Deduction House Republicans Reconciliation Bill Trump Agenda Tax Policy
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