What Could We Do with $356 Billion Instead of Raising the SALT Cap?

Five House Republicans—Reps. Andrew Garbarino (NY), Tom Kean (NJ), Young Kim (CA), Nick LaLota (NY), and Mike Lawler (NY)—are negotiating with Speaker Mike Johnson, insisting that he support increases to the cap on the State and Local Tax (SALT) deduction as their price for allowing the House to move forward on a tax bill. The enormity of what they are demanding cannot be understated. They are trying to add hundreds of billions of dollars to the size of the package—most of which would benefit a Five House Republicans—Reps. Andrew Garbarino (NY), Tom Kean (NJ), Young Kim (CA), Nick LaLota (NY), and Mike Lawler (NY)—are negotiating with Speaker Mike Johnson, insisting that he support increases to the cap on the State and Local Tax (SALT) deduction as their price for allowing the House to move forward on a tax bill. The enormity of what they are demanding cannot be understated. They are trying to add hundreds of billions of dollars to the size of the package—most of which would benefit a Five House Republicans—Reps. Andrew Garbarino (NY), Tom Kean (NJ), Young Kim (CA), Nick LaLota (NY), and Mike Lawler (NY)—are negotiating with Speaker Mike Johnson, insisting that he support increases to the cap on the State and Local Tax (SALT) deduction as their price for allowing the House to move forward on a tax bill. The enormity of what they are demanding cannot be understated. They are trying to add hundreds of billions of dollars to the size of the package—most of which would benefit a Five House Republicans—Reps. Andrew Garbarino (NY), Tom Kean (NJ), Young Kim (CA), Nick LaLota (NY), and Mike Lawler (NY)—are negotiating with Speaker Mike Johnson, insisting that he support increases to the cap on the State and Local Tax (SALT) deduction as their price for allowing the House to move forward on a tax bill. The enormity of what they are demanding cannot be understated. They are trying to add hundreds of billions of dollars to the size of the package—most of which would benefit a , Author(s): Joe Bishop-Henchman

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Author: Joe Bishop-Henchman