Overview
- It permanently extends 2017 income tax rates, adds new child and wage-based deductions and rescinds key clean-energy tax credits.
- The package directs $350 billion toward border enforcement and allocates billions more for military shipbuilding, missile systems and other defense programs.
- Work requirements and semiannual eligibility checks for Medicaid and SNAP recipients are scheduled to start January 1, 2027, aiming to curb enrollment through added administrative hurdles.
- The nonpartisan CBO projects the law will swell the deficit by about $3.3 trillion over ten years and cut Medicaid rolls by 11.8 million by 2034, with experts warning it could contribute to up to 200,000 preventable deaths.
- White House officials counter that Medicaid funding will rise by 20 percent over the next decade and maintain that no one will lose coverage.