SALT Cap Rollback for Two Years Debated by House Democrats

  • Lawmakers consider using procedural move to advance repeal
  • Ways and Means to finish writing tax provisions Wednesday
SALT Deduction Cap Will Get ‘Meaningful’ Change, Democrats Say
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House Democrats are considering a two-year repeal as one of their potential paths to undoing the $10,000 cap on the federal deduction for state and local taxes.

Senior Ways and Means Committee Democrat Bill Pascrell of New Jersey said the temporary rollback is one of the “main considerations” before the Democratic caucus now.