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NJ Spotlight News | Clip | Business Report: No SALT relief in new federal spending bill

Congress moved quickly this week to approve a bill designed to ease supply chain shortages for semiconductors, by supporting incentives for domestic chip manufacturing. But a new spending bill — addressing climate change, health care and inflation — is on a bumpier path. The bill does not include a proposal to raise or eliminate the cap on state and local tax deductions, or SALT.

0:03:07 | AIRED: 7/29/2022 |
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