1. Tax cuts and business incentives
2. Cuts to social safety net programs
3. Border security and defense spending
4. Federal debt and budget impact
5. Other notable provisions
Food assistance and health coverage for low-income Americans are reduced to help offset the cost of tax cuts and new spending.
The bill still needs final reconciliation between House and Senate versions before it can become law.
For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing. Given the nature of AI tools, mistakes may occur.
