Overview

• Congress passed the 900-page measure by razor-thin margins with Vice President JD Vance breaking a 50-50 Senate tie and the House approving it 218–214.
• The law delivers 60% of its tax cuts to households earning over $217,000 and leaves those earning under $35,000 with an average reduction of just $150.
• It redirects roughly $350 billion to border security and military spending, including $25 billion for the Dome missile-defense program.
• The Congressional Budget Office warns of a $3.3 trillion increase to the federal debt over the next decade, a figure the White House disputes.
• An estimated 12 million people will lose Medicaid and food-stamp benefits, forcing states to plan budget revisions and potentially shaping next year’s midterm elections.