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What’s in Trump’s Tax Bill? Medicaid Reform, Food Stamp Cuts and More

The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.

© Paul Ratje for The New York Times

The bill includes about $175 billion in new spending to enforce President Trump’s ambitious anti-immigration agenda.
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Bill Would Give Newborns $1,000 in ‘Trump Accounts’

The money would be invested on children’s behalf in the financial markets for them to use once they had grown up.

© Jimena Peck for The New York Times

Under the bill, children born between Jan. 1, 2025, and Jan. 1, 2029, would receive the money, which would be invested on their behalf in financial markets.
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