SALT’s Absence in Manchin, Schumer Talks Signals New Hurdles
- Manchin says state, tax break not part of economic bill talks
- Some House Democrats threaten to block bill if no SALT rise
Majority Leader Chuck Schumer, right, talks to Senator Joe Manchin in March, 2022.
Photographer: Chip Somodevilla/Getty Images
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The state and local tax deduction issue threatens to spark a showdown among Democrats as high-stakes Senate talks inch closer to a deal on President Joe Biden’s economic agenda.
Majority Leader Chuck Schumer and Senator Joe Manchin are negotiating a slimmed-down tax and spending plan. But Manchin says the federal deduction popular in high-tax states like New York, New Jersey and California, known as SALT, hasn’t been in the mix.