House Speaker Mike Johnson is being pressured on multiple fronts in his efforts to pass a budget reconciliation bill by Independence Day.
Not only is he being pressed by fiscal hawks to make deep spending cuts to cover tax breaks, but he’s also being threatened by blue-state Republicans demanding higher tax deductions to offset their states’ high-tax policies.
On Thursday, four Republican House lawmakers from New York stated that they would not vote for a budget bill that puts a $30,000 cap on state and local income tax (SALT) deductions.
That’s bad news for House GOP leaders, who are fighting tooth and nail to pass a bill that would extend President Donald Trump’s 2017 tax cuts before their expiration as well as fund border security and the military.
“With no notice or agreement, the Speaker … proposed a flat $30,000 SALT cap—an amount they already…
