Overview

• The House narrowly approved the 1,000-page GOP reconciliation bill by a 215–214 vote, sending it to the Senate for review.
• The bill permanently extends Trump-era tax cuts, increases the SALT deduction cap, and exempts tips and overtime from federal income tax.
• It includes nearly $700 billion in Medicaid cuts, imposing new work requirements and eligibility checks, which could leave millions without coverage.
• SNAP funding is reduced by $290 billion, with stricter work mandates for recipients up to age 65, raising concerns about impacts on low-income families.
• Senate Republicans, including Sens. Collins and Hawley, have expressed opposition to Medicaid cuts and deficit growth, signaling potential amendments before final passage.