Today could be huge for Republican efforts to pass their “big, beautiful” budget reconciliation bill, which would fulfill a number of President Donald Trump’s campaign promises, such as extending his 2017 tax cuts and funding border security.
On paper, the budget bill is in its final stages. The bill came to the House Rules Committee—the last stop before going to the House floor for a vote—at 1 a.m. Wednesday morning.
However, major disagreements remain which could stall the bill.
The Rules Committee has sweeping powers to rewrite parts of a bill—a power which will almost certainly be used by Speaker of the House Mike Johnson, R-La., to make concessions to holdouts on the bill.
Two major issues are left to be resolved. One of the most important is the issue of the cap on state and local tax (SALT) deductions.
A SALT deduction allows residents in…
