15-05-2025
SALT Caucus Holds Out on Tax Bill Support
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Blake Moore (R) Utah discusses the US House Ways and Means Committee passing its tax bill along party lines without resolving the SALT cap. Jen Gavito, The Cohen Group Senior Advisor, talks about the significance of President Trump meeting with Syrian Leader Ahmed Al-Sharaa in Saudi Arabia. Rohit Kumar, PWC Washington National Tax Officer Principal & Co-Leaders shares whether or not the SALT Cap will make or break Trump's tax bill. Representative Nick LaLota (R) New York discusses how the tax cuts members of the House want in the tax bill will not be extended if the tax cap of SALT is not raised. (Source: Bloomberg)
