US House Speaker Johnson: We came to $40,000 SALT deduction cap agreement

US House Speaker Johnson said that they reached an agreement on the $40,000 SALT deduction cap. Hardline conservatives have been resistant to a significant hike to the deduction cap. This should be a big step forward in passing the party’s “big, beautiful bill.”

A congressional correspondent with CNN posted on X that the House Speaker said they will try to vote tonight.

This article was written by Giuseppe Dellamotta at www.forexlive.com.