📄 Official Bill Text
1. Massive Increase in National Debt
- Section: Title XI, Subtitle A
- Details: The bill extends the 2017 tax cuts, projected to add $4.1 trillion to the deficit over the next decade.
- Impact: Increases the national debt, potentially leading to higher interest rates and reduced fiscal flexibility.
2. Cuts to Medicaid and SNAP
- Section: Title I, Subtitle A
- Details: Imposes stricter work requirements and shifts costs to states for Medicaid and SNAP programs.
- Impact: Could result in millions losing access to healthcare and food assistance.
3. Erosion of Judicial Enforcement Powers
- Section: Section 70302
- Details: Restricts federal courts from enforcing certain orders unless plaintiffs post a bond.
- Impact: Weakens the judiciary's ability to hold government officials accountable.
4. Potential for International Trade Retaliation
- Section: Section 899
- Details: Allows the U.S. Treasury to impose punitive taxes on investments from "discriminatory foreign countries."
- Impact: May provoke retaliatory measures and deter foreign investment.
5. Disproportionate Benefits to the Wealthy