The Republican-controlled Congress on Wednesday could pass a sweeping budget package that would fulfill many of President Donald Trump’s priorities. It has already passed the Senate and needs to be approved again by the House of Representatives before Trump can sign it into law.
Here is a summary of the major elements of the package, with cost and savings estimates by the Congressional Budget Office or the Joint Committee on Taxation when available.
CBO estimates the bill would add $3.3 trillion to the $36.2-trillion debt over 10 years, reduce revenues by $4.5 trillion and cut spending by $1.2 trillion. The number of people without health insurance would increase by 10.9 million over that period due to changes to programs such as Medicaid.
INDIVIDUAL TAX CUTS
BUSINESS TAX BREAKS
OTHER TAX CHANGES
MEDICAID AND OTHER HEALTH PROGRAMS
ENERGY, ENVIRONMENT, COMMUNICATIONS
IMMIGRATION AND JUSTICE
MILITARY
FOOD ASSISTANCE
EDUCATION
