What’s in the latest version of Trump’s big bill moving through the Senate

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WASHINGTON (AP) — Republicans are inching closer to getting their tax and spending cut bill through Congress with a final Senate vote likely late Monday or early Tuesday.

At some 940 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.

 

Tax cuts are the priority​

Republicans say the bill is crucial because there would be a massive tax increase after December when tax breaks from Trump’s first term expire. The legislation contains about $4.5 trillion in tax cuts.
 

"How to pay for it? Cuts to Medicaid and other programs​

To help partly offset the lost tax revenue and new spending, Republicans aim to cut back on Medicaid and food assistance for the poor."

Literally taking from the poor and giving to the rich,
 

What’s the final cost?​

Altogether, the Congressional Budget Office projects that the bill would increase federal deficits over the next 10 years by nearly $3.3 trillion from 2025 to 2034.
 
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