Republicans in the Senate are reportedly plotting changes to the cap on state and local tax deductions included in the version of the One Big Beautiful Bill Act passed by the House.

Senate Republicans met on Wednesday and discussed the $40,000 SALT cap, among other provisions in the reconciliation bill, that was included in the House version. Many in the Senate have argued that the House’s $40,000 limit for people making up to $500,000 is far too generous.

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