Washington, DC – As first reported by Punchbowl News, today, Reps. Young Kim (CA-40) and Andrew Garbarino (NY-02), Republican co-chairs of the SALT Caucus, issued a statement following reporting of a $25,000 cap on state and local tax (SALT) deductions in budget reconciliation:
“A $25,000 SALT cap does not get close to bringing relief to families unfairly burdened by the current cap. We remain committed to working with our colleagues to fulfill President Trump’s promise to address this pressing issue, and we look forward to a serious discussion.”
