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Moderates. the salt deduction is probably going to be taken out that may be trouble for moderates in the house. this is the beginning of a process. i thinks it was a big victory they got progressives and moderates on the same page in the house. we have a long way to go joe manchin i think his decision is far from made. >> shannon: juan, do you think is he persuadable? what do you think he will be willing to go along with? >> well, i think the key here is that senator schumer, the majority leader in the senate and the white house have been working with pelosi and manchin all along. so it's not ...

Two major pieces of President Joe Biden's domestic agenda, which carry implications for the municipal bond market, advanced in the House.

House Democrats late Thursday modified the provision in their social spending package that would raise the cap on the state and local tax (SALT) deduction.

There were last-minute changes on modifying the SALT deduction and a provision allowing Medicare to negotiate drug prices.

Sanders unveiled a plan Wednesday to ensure the rich don't get a tax cut in the reconciliation bill, criticising a rival measure as too regressive.