Overview

• The final House vote was 218-214, with only Reps. Thomas Massie and Brian Fitzpatrick joining Democrats in opposing the measure
• President Trump and Speaker Mike Johnson led closed-door negotiations to secure critical GOP votes late Wednesday and early Thursday
• The legislation extends roughly $4.5 trillion in tax cuts over a decade, including exemptions for tips and overtime pay
• It offsets revenue by cutting about $1.2 trillion from Medicaid and SNAP through new work requirements and by rolling back green energy credits
• The nonpartisan Congressional Budget Office projects the bill will add $3.3 trillion to the deficit and leave nearly 12 million more people uninsured by 2034