HEALTH CARE BRIEFING: Pelosi Pushes Drug Pricing in Budget Bill bgov.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bgov.com Daily Mail and Mail on Sunday newspapers.
Democrats search for sweet spot on ‘SALT’ deduction By Lindsey McPherson, CQ-Roll Call
Published: July 4, 2021, 6:37pm
Share: Top Democrats such as Senate Majority Leader Charles E. Schumer (right) of New York and Speaker Nancy Pelosi of California support repealing the SALT cap because it would benefit their constituents. (Samuel Corum/Getty Images/TNS)
House and Senate Democrats are struggling to balance a general desire to make the wealthy pay their fair share with regional interest in restoring a tax break that disproportionately benefits upper-income households.
The party has yet to find a solution to its “SALT” problem, but Democrats on both sides of the debate over the deduction for state and local taxes are ready to compromise.
Democrats search for sweet spot on SALT deduction msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
By Manu Raju and Clare Foran, CNN
Speaker Nancy Pelosi’s vow to hold up a bipartisan infrastructure deal until the Senate approves a larger Democratic bill has caused some anxiety in the ranks, with moderate Democrats uneasy over her tactic and concerned it could cause both efforts to collapse.
The California Democrat’s stance has earned her praise from the party’s progressives who had shown little willingness to swallow a bipartisan Senate proposal they viewed as paltry. But after Pelosi bluntly said that the bipartisan plan would not see daylight in her chamber until the Senate approves a Democratic-only approach through a process known as budget reconciliation many liberals signaled they could endorse the pared-back plan.