GOP Reaches Tentative SALT Deal at $40,000 Cap, Five-Year Limit
Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a five-year period, according to a person familiar with the matter.
It wasn't immediately clear whether enough of the so-called SALT Republicans in the House would accept the concession and drop their threats to block President Donald Trump's massive tax and spending package.
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