Overview
- The House passed the One Big Beautiful Bill Act by a 215–214 vote, sending the legislation to the Senate where Republicans are expected to propose changes to Medicaid cuts and deficit measures.
- The bill makes Trump’s 2017 tax cuts permanent, raises the SALT deduction cap to $40,000, and exempts tips and overtime pay from federal income taxes.
- Projected to cut $700 billion from Medicaid and $230 billion from SNAP over the next decade, the bill introduces stricter work requirements for both programs, potentially affecting millions of low-income Americans.
- It raises the debt ceiling by $4 trillion while allocating $175 billion for border security and $150 billion for defense, including funds for a U.S.-Mexico border wall and missile defense systems.
- Senate Republicans, including Sens. Susan Collins and Josh Hawley, have expressed concerns about the Medicaid provisions, signaling likely revisions before the bill can advance further.