$40,000 SALT Offer Discussed with Holdouts

“House GOP leaders discussed a new, heightened state-and-local-tax deduction with a group of Republican holdouts as they race to salvage their party-line megabill from ruin,” Politico reports.

“A $40,000 cap on the key deduction for individuals and $80,000 cap for joint filers was part of a list of items GOP leaders raised overnight as they scrambled to shore up ultraconservative votes.”