The bill continues tax cuts from President Trump's first stint in the White House, funds his border wall plan, and increases defense spending. The associated fiscal impact of this is offset by reducing federal support for key components of the social safety net, including food assistance and health coverage programs.

House Republican fiscal hawks have been engaged in crisis talks, with President Donald Trump's "big, beautiful bill" in danger of failing.

Colorado’s Democratic leaders blasted congressional Republicans’ tax bill as a “complete betrayal” after the bill passed the U.S. Senate and hurtled toward its potential

They made the case that the bill, which amounts to the largest healthcare cuts in history, puts health care, food assistance and jobs on the chopping block.