— is a large-scale budget bill signed by him in 2025 that regulates the federal budget of the United States for the coming years. Its main provisions include:
Extension and expansion of tax benefits introduced by Trump in his first presidential term, including the repeal of the tip tax up to $25,000, an increase in the standard tax deduction, and a tax deduction for elderly Americans.
Increase in spending on defense and border security.
Cuts to social programs, including nearly $1 trillion in Medicaid cuts over 10 years, which will leave about 12 million Americans without affordable health insurance, as well as cuts to nutrition programs.
An increase in the U.S. debt ceiling by $5 trillion, which will significantly raise the country's total debt, and is estimated to add about $3.3 trillion to the debt over 10 years, equating to approximately $25,000 of debt for each American family.
The law has faced criticism from both Democrats and some Republicans, as well as a public conflict between Trump and Elon Musk, who called the law 'disgusting' due to high spending and increasing debt.
Trump called the signing of the law 'a triumph of democracy' and a key achievement of his domestic policy, despite the controversies and minimal majority votes in Congress.