Pelosi: 'Sympathetic' to Move to Lift SALT Cap in Biden Bill

The transcript discusses the opposition to tax code changes without SALT caps, highlighting the negative impact on states like California, New Jersey, and New York. It criticizes the political motivations behind the tax bill, which favored the top 1%, and expresses sympathy for the affected states. The speaker emphasizes the importance of evaluating the bill before voting and remains hopeful for future amendments that benefit the American people.

Why are some states like California, New Jersey, and New York opposed to changes in the tax code without addressing the SALT caps?

• They want to support the top 1%.

• They are concerned about the negative financial impact on their states.

• They think it will lead to increased federal funding.

• They believe it will benefit the middle class.

What is the speaker's view on the tax bill that benefits the top 1%?

• The speaker thinks it should be expanded further.

• The speaker believes it is fair and just.

• The speaker criticizes it for being politically motivated.

• The speaker supports it as it helps the economy.

What is the speaker's stance on commenting about voting for a bill?

• The speaker never comments on any bill.

• The speaker always supports the bill regardless.

• The speaker withholds comments until the bill is seen.

• The speaker believes in commenting before seeing the bill.

What does the speaker hope for regarding the SALT tax issue?

• That it will be included in future bills.

• That it will be completely removed.

• That it will be expanded to more states.

• That it will be ignored in future bills.

How does the speaker describe the SALT tax issue?

• As a well-implemented tax reform.

• As a minor concern for the American people.

• As a politically targeted and mean-spirited issue.

• As a beneficial policy for all states.