(Bloomberg) -- House Ways and Means Committee Chair Richard Neal said that addressing the cap on the federal deduction for state and local taxes is still on the table in discussions over a sweeping tax and spending bill.
“Yes, it has to be,” Neal said when asked if SALT was still up for discussion on what could be included in the multitrillion-dollar bill.
Democrats have been narrowing differences over elements of the package. Lawmakers from high-tax states including New Jersey and New York have pushed for an expansion or removal of the $10,000 cap on SALT deductions that was imposed in the Republican tax bill of 2017.
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