NJ Spotlight News
Business Report: New additions to 'Build Back Better' plan
Clip: 11/5/2021 | 2m 55sVideo has Closed Captions
One “Build Back Better” proposal would lift the cap on SALT deductions to $80,000
Concerns over the cost of the proposed "Build Back Better" delayed the House vote planned for Friday in Washington. Democrats added provisions to the bill in recent days including a proposal to lift the $10,000 cap on state and local tax deductions (SALT) to $80,000. They also added back a new paid family leave program. Once the bill goes to the Senate, more changes are expected.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: New additions to 'Build Back Better' plan
Clip: 11/5/2021 | 2m 55sVideo has Closed Captions
Concerns over the cost of the proposed "Build Back Better" delayed the House vote planned for Friday in Washington. Democrats added provisions to the bill in recent days including a proposal to lift the $10,000 cap on state and local tax deductions (SALT) to $80,000. They also added back a new paid family leave program. Once the bill goes to the Senate, more changes are expected.
Problems playing video? | Closed Captioning Feedback
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS