In April 2025, President Donald Trump proposed to make the individual tax cuts of the Tax Cuts and Jobs Act of 2017 permanent, as well as introduce new deductions, such as tax exemptions on tips, overtime, and Social Security benefits. The proposal faces resistance in Congress due to its estimated cost of up to US$851 trillion and the need for significant cuts to social programs to offset the loss of revenue. While the Senate suggests increased borrowing, the House seeks deeper reductions in programs such as Medicaid. Critics warn that extending the cuts without offsets could increase the national debt, raise interest rates, and reduce economic growth.