Pelosi ‘Sympathetic’ to Move to Lift SALT Cap in Biden Bill

  • White House tells Democrats to find a way to pay for repeal
  • Pelosi says she is sympathetic to concerns on SALT limitation
WATCH: Pelosi signals support for a move to put a repeal of the $10,000 cap on state and local tax, or SALT, deductions in the infrastructure and social-spending program that Democrats are hoping to pass.Source: Bloomberg)
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House Speaker Nancy Pelosi signaled support for a move to put a repeal of the $10,000 cap on state and local tax deductions in the infrastructure and social-spending program that Democrats are hoping to pass as soon as this summer.

“Hopefully we can get it into the bill. I never give up hope for something like that,” Pelosi said at a news conference on Thursday.