The legislation extends 2017 tax cuts, introduces new breaks for tipped/overtime income and seniors, and allocates $150 billion to defense alongside $100 billion for immigration enforcement. Offsetting these measures are major reductions to Medicaid, food assistance (SNAP), and clean energy credits.

The bill passed the House 218-214 after a near nine-hour opposition speech by Democratic Leader Hakeem Jeffries, who denounced it as “an extraordinary assault on healthcare.” Senate approval required Vice President JD Vance’s tiebreaking vote. Trump celebrated at a White House picnic featuring fighter jet flyovers and honored military personnel, declaring the bill would “unleash growth like never before.”

Economic analyses reveal sharp contrasts:

Public awareness remains low, with a Quinnipiac poll showing only 29% pre-passage support. Critics highlight cases like Jordan, 26, who faces losing $700/month food assistance: “I’ll need a second job to feed my family.” The White House maintains tax cuts will spur job creation, framing the law as pivotal to Trump’s second-term agenda amid looming 2026 elections.