Bessent Predicts Republicans Reach SALT Truce in 48 Hours

Treasury Secretary Scott Bessent said House and Senate Republicans can cut a deal on the state and local tax deduction within the next two days, resolving one of the key issues that has stymied President Donald Trump’s economic legislation.

“Both sides are working through and I think that we’ll have a solution to that in the next 24-48 hours,” Bessent told reporters on Capitol Hill on Tuesday.