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SALT Republicans, management ‘still have some work to do’ after key assembly

Source link : https://las-vegas.news/salt-republicans-management-still-have-some-work-to-do-after-key-assembly/

Home Republicans in favor of accelerating the deduction cap on state and native taxes (SALT) stated they “still have some work to do” after the group huddled with Speaker Mike Johnson (R-La.) for a key assembly on the contentious difficulty Wednesday afternoon.

The gathering — which marked the primary main dialog about SALT reduction for the reason that price range reconciliation course of entered its closing stage within the Home — comes as GOP management is eyeing a gathering subsequent week to advance the Methods and Means Committee’s portion of the invoice, a plan that may very well be delayed amid the hang-ups over SALT.

Rep. Nick LaLota (R-N.Y.), some of the outstanding members pushing for SALT reduction, stated the group mentioned “specific numbers” on the gathering, however famous that he “wouldn’t consider anything an offer.” A supply instructed The Hill that “no official numbers” or “offers” have been offered, however the group mentioned “the policy needs and the political needs” for the next SALT deduction cap.

“I think we need some more dialogue,” LaLota stated.

Whereas no quantity was agreed to, Republicans gave a glance into what could be unacceptable for them. Rep. Nicole Malliotakis (R-N.Y.) stated growing the SALT deduction cap to $25,000 “is not gonna cut it.”

Leaving the assembly, Speaker Mike Johnson (R-La.) stated they’d “not yet” settled on a brand new quantity for the deduction cap, however that he…

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Author : LasVegasNews

Publish date : 2025-05-01 01:20:00

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