SALT-Cap 5-Year Suspension Plan ‘Unacceptable’ to Sanders

The transcript discusses the issue of property taxes and the SALT cap, highlighting the financial burden on middle-class earners. It mentions a potential deal to suspend the SALT cap for five years as part of a reconciliation plan in Washington. However, progressives like Alexandria Ocasio Cortez oppose this, viewing it as a benefit for the wealthy. The transcript also touches on the ongoing debate over drug pricing and the uncertainty surrounding the legislative process, with no final language yet in the bill.

What states were mentioned as potentially benefiting from a carve-out in the SALT cap discussion?

What is the current status of the reconciliation plan regarding the SALT cap?