FACTBOX-What's in the Republican tax and spending plan?
Published on: July 2, 2025, 3:41 p.m. | Source: Devdiscourse
The number of people without health insurance would increase by 10.9 million over that period due to changes to programs such as Medicaid. INDIVIDUAL TAX CUTS * Makes permanent the lower income tax rates in Trump's 2017 Tax Cuts and Jobs Act that are currently due to expire at the end of 2025 (Cost: $2.2 trillion) * Extends the standard deduction.
