Republicans Could Reach SALT Compromise Wednesday, Johnson Says

House Republicans could land on a compromise on the state and local tax deduction on Wednesday, a deal that would represent a breakthrough in one of the thorniest policy debates in President Donald Trump’s economic package.

House Speaker Mike Johnson told reporters Tuesday evening that a deal on SALT will “likely be tomorrow.” He spoke after meeting with lawmakers from New York, New Jersey and California who have threatened to sink the bill unless it calls for a significant expansion to the deduction.