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Here is what is in the GOP -Megabill that is in the house for voting: NPR

President Trump speaks on Tuesday next to the spokesman for Mike Johnson, R-La., On the Capitol Hill. Trump was present to meet with Republicans of the house and to support his legislative agenda.

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House Republicans published an updated version of their massive law on Wednesday to advance a large part of President Trump's domestic agenda until the end of the week. The new legislation aims to meet competing demands from fiscal falcons in order to reduce the deficit towards the Blue Republicans in order to determine cheaper taxes for their voters.

The updated legislation took place at the end of a day of almost constant negotiations within the GOP. The talks included a meeting of the White House between Trump, House Speaker Mike Johnson, R-La., And several holdouts and skeptics.

After the meeting, Johnson said that he was optimistic on Thursday to say goodbye to the bill.

“As expected, the plan is to move forward,” said Johnson. “I think all of our colleagues will really like this end product here.”

Johnson will be supported almost unanimously by his members so that the bill can exist, and there could be further challenges in the Senate. Democrats are expected against the draft law.

The comprehensive law is more than 1,000 pages long. Here is a quick look at what is in the latest version.

Note: This is a partial list that is updated.

Expansion of the Trump tax cuts

The Republican plan requires tax cuts of around 3.8 trillion dollars -Most of them would be expanded by the expansion of the Trump tax cuts from 2017. These cuts will expire at the end of the year, so that most households would see without extension as their taxes rise.

No taxes on tips or overtime

The legislation contains temporary changes that are intended to use some of Trump's campaign obligations, including the overtime earned between 2026 and 2028. The plan would also enable the Americans to deduct interest rates for car loans. Only if the car in the United States increased the child tax credit to $ 2,500 until 2028 – but only for people with social security numbers. After that, it would drop to 2,000 US dollars and grow with inflation. It would enable a higher standard deduction by 2028 and promise Trumps not to control social security benefits, enable an additional deduction of 4,000 US dollars for people over 65 of $ 4,000, but it is spent on people at higher incomes.

More salt

One of the most interwoven questions during the negotiations was the state and local tax deduction, also known as Salt. The deduction is of great importance for a small number of GOP legislators from blue states with high taxes such as California and New York. In 2017, tax cuts limited the salt deduction to $ 10,000. The house plan would increase the cap for married couples with income of up to 500,000 US dollars to $ 40,000.

Work requirements for Medicaid

The legislation includes several proposed changes to Medicaid-da's joint health program for federal/state care for low-income, older and disabled Americans. One of the most splitting questions in the GOP negotiations remained, but the legislature argues that the laws introduced by the legislative template will bring in hundreds of billions of savings through the introduction of new work requirements. From the end of 2026, childless adults without disabilities would have to work 80 hours a month to qualify for services.

The legislation is also on what Republicans characterize as “waste fraud and abuse” as part of the program by relocating the registration period from once a year to every six months and adding additional income and residence reviews for registered persons.

Changes to Snap

Republican legislation also describes reforms for the supplementary nutritional program called SNAP, which benefits more than 40 million Americans with low income. The draft law increases the amount that states contribute to the program and the work requirements for gentle SNAP participants who have no relatives. Independent estimates indicate that these changes could lead to many people losing the cover. As with Medicaid talks, some Republican legislators have used massive changes in view of their large reach and the millions inscribed in the program.

Lift the guilty ceiling

The house bill would increase the country's debt border by 4 trillion dollars. The elimination of the debt boundary does not approved any new expenses. Instead, the government enables the government to pay for programs that the Congress has already approved. If the upper limit is not canceled and the government cannot fulfill its obligations, there is a risk of a failure – a scenario that economists say, it would be catastrophic not only for the USA, but the global financial system as a whole. Finance Minister Scott Bessent informed the congress that the United States will no longer have any money without measures to pay its bills in August, which means that the clock is ticking.

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