Johnson, SALT Republicans zero in on critical agreement

May 21, 2025 - 11:00
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Johnson, SALT Republicans zero in on critical agreement
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, three sources told The Hill, solving a critical hang-up that has dogged the party’s “big, beautiful bill.” The proposal would increase the SALT deduction cap to $40,000 — quadruple the current $10,000 cap…