Overview

• The House Budget Committee narrowly approved the bill 17–16, clearing its first procedural hurdle ahead of a planned House vote by May 27.
• The legislation proposes over $2 trillion in tax cuts, $50 billion for the border wall, and $150 billion for defense, offset by steep social spending reductions.
• The Congressional Budget Office estimates Medicaid changes could strip health coverage from 7.6–8.6 million low-income Americans.
• Conservative Republicans demand deeper spending cuts, while moderates resist Medicaid reductions, citing political and moral concerns.
• Nonpartisan analysts warn the bill could add $3.3 trillion to the federal debt over the next decade, exacerbating U.S. credit downgrades.