“We thank the Trump administration and House and Senate leaders for focusing on these housing and real estate matters during this legislative process and look forward to President Donald Trump signing the bill into law.”
The legislation extends tax cuts initially passed in Trump’s first term and includes the elimination of taxes on tips and overtime earnings. The package also allocates hundreds of billions of dollars toward bolstering immigration enforcement and military investments, such as Trump’s ambitious “Golden Dome” missile defense project.
To fund these priorities, the plan cuts federal safety-net programs, including nearly $1 trillion in Medicaid reductions over a decade and deep cuts to the Supplemental Nutrition Assistance Program (SNAP). According to the Congressional Budget Office (CBO), about 17 million people could lose health coverage or subsidies as a result.
Fierce battles among Republicans
House leaders spent hours persuading reluctant lawmakers to support the package. President Trump himself played a decisive role, lobbying through late-night meetings and leveraging social media to pressure holdouts. “When the president is done negotiating, the game is up — it’s time to vote,” House Republican Leader Steve Scalise said as quoted by Bloomberg.
Vice President JD Vance even had to break a tie in the Senate earlier in the week to ensure passage there. Meanwhile, House Ways and Means Committee Chair Jason Smith praised the package as a win for ordinary Americans, saying it was designed for “people who don’t have lobbyists” in Washington.