SALT Agreement Could Bring Two-Year Repeal of Limit

The transcript discusses the SALT deduction, focusing on its importance to high-tax states like New York and New Jersey. It highlights a potential two-year repeal of the deduction to gain moderate support for a reconciliation bill. Key figures like Tom Suozzi and Josh Gottheimer emphasize the necessity of the SALT deduction for their support. The transcript also outlines the challenges in securing enough votes for the bill, including the need to satisfy both moderates and progressives.

How do moderates' positions on the SALT deduction affect the reconciliation process?

What challenges are faced in securing votes for the reconciliation bill?