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No Deal on SALT Deduction After Late-Night Talks

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“A group of blue-state Republicans left a huddle with Speaker Mike Johnson late Monday night feeling uncertain if they could clinch a final deal with GOP leaders over a key tax in the coming hours,” Politico reports.

“Speaker Mike Johnson said negotiators are not quite there yet.”

“One offer discussed included a $40,000 SALT cap with an income limit that steeply tapered off within several years. That was not what SALT Republicans had expected, and some privately bristled at the latest presentation from the speaker.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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