GOP zeros in on shorter timeline to avert SALT meltdown

[BumRushDaShow]

Source: Axios

Updated 7 hours ago


The House and the White House are negotiating an offer to keep the House-passed $40,000 SALT cap increase but peg it to a shorter 5-year timeline in President Trump's "big, beautiful bill," Axios has learned.

Why it matters: That could move one of the bill's thorniest issues closer to being resolved. But House SALT holdouts and senators — who have almost no incentive to be generous on SALT — still need to agree.

Zoom in: At least one House holdout, Rep. Nick LaLota (R-N.Y.) told Axios he's a "no" on that offer. "I need 40k for my constituents, and it has to be 40k forever," he told Axios.

But Rep. Mike Lawler (R-N.Y.) told CNN he's optimistic after the SALT crew's meetings with Treasury officials.

Rep. Nicole Malliotakis (R-N.Y.) told reporters she's inclined to support the deal, even if she doesn't love it.

Between the lines The House-White Hose proposal would keep the House's language raising the cap to $40,000 for five years, but then revert to the current $10,000 cap after that, two sources familiar tell Axios.

Read more: https://www.axios.com/2025/06/27/house-trump-salt-deduction-cap-big-beautiful-bill