House GOP weighs sidecar tax deal on ‘SALT,’ child credit
Posted on AllSides January 31st, 2024
From The Center
House Republicans on Tuesday evening mulled a compromise that would pair state and local tax relief with a conservative policy priority as a possible solution for an impasse between tax writers, blue-state Republicans and the House Freedom Caucus.
One idea under consideration would be to move a second tax bill in parallel with the $78 billion family and business tax cut deal negotiated by Ways and Means Chairman Jason Smith, R-Mo., and Senate Finance Chair Ron Wyden, D-Ore.
That second bill would pair relief from the $10,000 state and local tax...