The Senate’s decision to leave the state and local tax deduction cap at $10,000 isn’t landing well in the House — even as senators argue that changes are on the table.
“If the Senate reduces the SALT number, I will vote NO and the bill will fail in the House,” Rep. Mike Lawler said in a statement after news that the bill text will include the lower cap.
For weeks, the Senate Finance Committee has been flirting with paring down the House’s proposal for the SALT deduction. The House increased the cap to $40,000. Now, Senate Republicans have proposed leaving the cap at $10,000, in bill text released Monday, as Punchbowl News first reported.