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Posted on 06/27/2025 3:18:14 PM PDT by RandFan
The White House is close to clinching an agreement on the state and local tax deduction after a last-ditch flurry of negotiations with blue-state House GOP holdouts and Senate Republicans, according to three people granted anonymity to describe the talks.
Treasury Secretary Scott Bessent, who is brokering the politically complex deal that is key to unlocking the GOP megabill, will attend Senate Republicans lunch later today, according to a another person with direct knowledge of the matter.
LaLota said he has been told the prospective deal would maintain the House-passed cap of $40,000 for five years before reverting to the current $10,000 cap.
(Excerpt) Read more at politico.com ...
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“Grubby deals are being made ...”
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“Those that respect the law and love sausage should watch neither being made.”
— Mark Twain
It appears the red state senators caved to blue state threats on SALT. Sad.
Rearranging deck chairs on the Titanic.
Does anyone really want to deny Trump his signing session on or before the 4th of July?
NO SALT DEALS!!!!!! LET THEM STEW IN THE BLUE STATES AND CITIES!!! DUMBASSES!
It’s no cave-in.
I would have rather lowered it to 20K, but index it for inflation.
Yes. Rand Paul the moron and Ron Johnson the deep state stooge.
Both are idiots. They talk DC nonsense.
Don’t think I would call this “clenching a deal” or “flurry of negotiations” - it’s just a cave
Agreed. Very sad.
Trump must see honest progress.
He just mercifully suggested 7/4 is not a hard and fast deadline.
Check with the lib senate parliamentarian first.
EC
Yep, Republicans totally caved to blue state congressmen extortion.
seems reasonable
i get a 50% haircut
and i live in a low tax state
and own a modest home
10k is too low
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