Richard Rubin

And so vast phase-out would hurt those projects that are happening and jobs and investment that are happening in those districts. So you've got those sort of moderate, more moderate members of the Republican conference who are very concerned about that. And so you've got a push and pull, as you can see with the hardliners.

And so vast phase-out would hurt those projects that are happening and jobs and investment that are happening in those districts. So you've got those sort of moderate, more moderate members of the Republican conference who are very concerned about that. And so you've got a push and pull, as you can see with the hardliners.

And so vast phase-out would hurt those projects that are happening and jobs and investment that are happening in those districts. So you've got those sort of moderate, more moderate members of the Republican conference who are very concerned about that. And so you've got a push and pull, as you can see with the hardliners.

The more they raise that cap, the more that people who pay lots of state and local taxes can deduct those taxes from their federal income and pay less to the federal government. Republican plan, as it currently stands, raises that tax deduction limit of $10,000 to $30,000. And they said, no, $30,000 is not enough. That can be, you know, property taxes are really high.

The more they raise that cap, the more that people who pay lots of state and local taxes can deduct those taxes from their federal income and pay less to the federal government. Republican plan, as it currently stands, raises that tax deduction limit of $10,000 to $30,000. And they said, no, $30,000 is not enough. That can be, you know, property taxes are really high.

The more they raise that cap, the more that people who pay lots of state and local taxes can deduct those taxes from their federal income and pay less to the federal government. Republican plan, as it currently stands, raises that tax deduction limit of $10,000 to $30,000. And they said, no, $30,000 is not enough. That can be, you know, property taxes are really high.

This is a very sort of symbolic issue now in those areas. And they're saying they will kill the bill if they don't get more.

This is a very sort of symbolic issue now in those areas. And they're saying they will kill the bill if they don't get more.

This is a very sort of symbolic issue now in those areas. And they're saying they will kill the bill if they don't get more.

Yes. Oh, no, you're absolutely seeing the divides in the party over spending, over taxes, over energy, over Medicaid, over health care broadly. Yes, it's all on display here in the House of Representatives.

Yes. Oh, no, you're absolutely seeing the divides in the party over spending, over taxes, over energy, over Medicaid, over health care broadly. Yes, it's all on display here in the House of Representatives.

Yes. Oh, no, you're absolutely seeing the divides in the party over spending, over taxes, over energy, over Medicaid, over health care broadly. Yes, it's all on display here in the House of Representatives.

They've got to find a number that satisfies those SALT members, the New York, New Jersey members. They've got to somehow get them on board, or at least enough of them. They've got to figure out how to get the hardliners satisfied without losing votes on the moderate side. So on Medicaid and the clean energy stuff.

They've got to find a number that satisfies those SALT members, the New York, New Jersey members. They've got to somehow get them on board, or at least enough of them. They've got to figure out how to get the hardliners satisfied without losing votes on the moderate side. So on Medicaid and the clean energy stuff.

They've got to find a number that satisfies those SALT members, the New York, New Jersey members. They've got to somehow get them on board, or at least enough of them. They've got to figure out how to get the hardliners satisfied without losing votes on the moderate side. So on Medicaid and the clean energy stuff.

That's the hope that they have. I mean, one alternate theory is there is no space, right? That's the fear, I think, is that and Johnson is eternally optimistic and confident that he can make magic happen here.

That's the hope that they have. I mean, one alternate theory is there is no space, right? That's the fear, I think, is that and Johnson is eternally optimistic and confident that he can make magic happen here.

That's the hope that they have. I mean, one alternate theory is there is no space, right? That's the fear, I think, is that and Johnson is eternally optimistic and confident that he can make magic happen here.

The Senate is not going to just take this and rubber stamp it. The Senate's got its own ideas, its own personalities, its own factions, its own divides, its own priorities. And that's really the next phase of what happened. And so as important as this week is, it is just that step. And then the Senate will have its say.

The Senate is not going to just take this and rubber stamp it. The Senate's got its own ideas, its own personalities, its own factions, its own divides, its own priorities. And that's really the next phase of what happened. And so as important as this week is, it is just that step. And then the Senate will have its say.