House Republicans have finally unveiled the revisions to the tax and immigration bill. On Wednesday, the revisions were rolled out before the House of Representatives began an all-night session to debate and vote on the bill. Donald Trump is very fond of these revisions, as they enact some of his campaign promises. He has urged hesitant GOP members to support the legislation.
The bill has yet to clear the House; after that, it would be moved to the Senate for further consideration. Let’s have a look at some of the key changes made by Republicans in this tax-cut bill.
Federal Baby Accounts Makeover
One of the most important proposals made in this new bill is about federal baby accounts. The new investment accounts for kids born between January 1, 2024, and December 31, 2028, were originally called “MAGA” accounts. However, these will now be named “Trump” accounts. Each of these baby accounts would include a $1,000 federal contribution for newborns who are eligible.
It may be hard to believe, but that headline (“Bill Would Give Newborns $1,000 in ‘Trump Accounts’) is not symbolic. No, it’s absolutely real. 🤦♂️😡 pic.twitter.com/2XEz2bcK3V
— Left I on the News 🇨🇺🇵🇸🏳️⚧️ (@leftiblog) May 22, 2025
New Public Land Sales Policy
Some Republican lawmakers are against the provisions allowing the sale of hundreds of thousands of acres of public land in Nevada and Utah. This policy has been eliminated in the revision.
Faster Implementation of Medicaid Work Requirement
House Speaker Mike Johnson noted that the original date for new work requirements for some able-bodied Medicaid beneficiaries was slated for January 1, 2029. It was intended to allow the states some time to prepare, but according to the new changes, it has been moved up to December 31, 2026, after pressure from GOP members who want faster implementation.
🚨 Republicans in Congress are working on a proposal to enact Work Requirements for Medicaid in the Big, Beautiful Bill.
Democrats are lying about this proposal a lot.
So what are Medicaid Work Requirements?
Read below.
Do you think this is unreasonable? pic.twitter.com/lyqbFVEszR
— James Blair (@JamesBlairUSA) May 17, 2025
No Changes in Retirement Pension Calculation
In the tax cut bill, there was a proposal that intended to change the formula for federal employee retirement pensions. However, Republicans have eliminated the proposal, instead advocating for annuities to be calculated based on a worker’s average of the highest three years of income. The earlier proposal talked about switching to a five-year average.
SALT Deduction Cap
Republicans have revised the cap on the state and local tax (SALT) deduction. It was earlier $10,000 but now has been raised to $40,000 for HouseHouse holds with over $500,000 income. The cap and income limit will increase by 1% annually each year for the next 10 years. Republicans from high-tax state including New York, California, and New Jersey firmly support this revision.
SALT changes in the House Rules amendment:
– Increase in cap from $30k to $40k
– Increase from $10k to $40k applies THIS YEAR, not just 2026 onwards
– $40k cap phases down past $500k in income
– Cap and phaseout increased by 1% from 2026-2033, table below: pic.twitter.com/pATBq5mRGd— Andrew Lautz (@andrew_lautz) May 22, 2025
Border Security Grant Fund
The new revision aims to establish a $12 billion fund, which will be used to reimburse states for costs associated with immigrant deportation, detention, and other border security efforts. This fund will be directly managed by the Homeland Security Secretary, Kristi Noem.
New Policy for Gun Silencers
The bill had proposed eliminating the $200 excise tax on gun silencers. It removes silencers from the national registry governed by the National Firearms Act.
We’re fighting to remove silencers from the National Firearms Act.🔥
To do this, we’re pushing the Hearing Protection Act & the SHUSH Act. But as always, supposedly “pro-gun” moderate republicans are dragging their feet on supporting anything that could possibly change the… pic.twitter.com/BeSzESdYHt
— Gun Owners of America (@GunOwners) May 7, 2025
Clean Energy Tax Credit
Lastly, the new legislation moved the phaseout of tax credits for wind, solar, and battery storage technologies to 2028 under the Inflation Reduction Act.
