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BumRushDaShow

(145,063 posts)
Sat Jan 11, 2025, 02:35 PM Yesterday

SALT-focused Republicans to meet with Trump as they threaten to hold up bill

Source: The Hill

01/11/25 6:00 AM ET


Republicans who are pledging to withhold support for President-elect Trump’s ambitious agenda if the state and local tax (SALT) deduction cap is not raised are set to meet with the incoming president this weekend. “I’ve been very clear from the start, I will not support a tax bill that does not lift the cap on SALT,” Rep. Mike Lawler (R-N.Y.) told reporters earlier in the week.

Republicans are plotting to push Trump’s tax, energy and border priorities through a special party-line “reconciliation” process that bypasses the need to get Democratic buy-in but can only be used once or twice in a year. In the razor-thin House GOP majority, opposition from a handful of SALT Caucus members could hold up the major bill.

But the push to lift the cap on SALT — an expensive tax deduction that’s popular among wealthier taxpayers in several higher tax states — is facing pushback from the other end of the ideological spectrum in the GOP, where fiscal hawks warn about the budgetary impacts.

“SALT is a factor in determining whether you can get to a deficit reduction,” said Rep. Chip Roy (R-Texas), a member of the Freedom Caucus. “I think we need overall deficit reduction. That’s my priority.”

Read more: https://thehill.com/homenews/house/5079670-salt-focused-republicans-to-meet-with-trump-as-they-threaten-to-hold-up-bill/

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SALT-focused Republicans to meet with Trump as they threaten to hold up bill (Original Post) BumRushDaShow Yesterday OP
Tax Republicans instead of hourly workers bucolic_frolic Yesterday #1
Trump wants tax deductions for his rich donors--and will get them--or most of them IMHO. riversedge 23 hrs ago #2
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