Overview

• The law makes Trump’s 2017 tax cuts permanent and introduces new deductions for tips, overtime pay, estates and business equipment.
• It cuts $1.2 trillion from Medicaid and SNAP over the next decade, with the CBO estimating nearly 12 million more uninsured.
• More than $165 billion is allocated to the Department of Homeland Security for expanded immigration enforcement, detention beds and border barriers.
• Nonpartisan analyses forecast a net increase of about $3.2 trillion to federal deficits over ten years after $1.4 trillion in offsets.
• Passed 218-214 in the House and 51-50 in the Senate with Vice President Vance’s tiebreaker, the bill drew unified Democratic opposition that will shape the 2026 midterms.