The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.

In a sweeping new fiscal package, lawmakers have unveiled a major overhaul of tax policy, federal spending, and entitlement programs. Here’s a breakdown of what’s in the plan.

House Republicans struggle to pass Trump's tax bill as Freedom Caucus demands changes, with failure potentially leading to a $2,100 tax increase for 80% of Americans if cuts expire.