President Joe Biden released a framework for his $1.75 trillion spending package Thursday. And while it didn’t propose changes to the $10,000 cap on the federal deduction for state and local taxes, known as SALT, some lawmakers are still pushing for a last-minute addition.
“Certainly, all the buzz on the Hill is that even though the SALT piece wasn’t in the proposal Biden released yesterday, that isn’t the end of it,” said Howard Gleckman, senior fellow at the Urban-Brookings Tax Policy Center.
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