WASHINGTON – U.S. Senator Roger Wicker, R-Miss., detailed the provisions of the reconciliation bill which President Trump will soon sign into law.

“The reconciliation bill is an investment in the future of the United States. Through this legislation, the Senate secured a down payment on a generational upgrade for our nation’s defense capabilities. Many of the key provisions of the Tax Cuts and Jobs Act will be cemented and expanded. This will stimulate the economy and benefit job creators across the country. Additionally, this legislation will help secure the southern border and unleash American energy production. This legislation delivers on the promises Republicans made to the American people in November.”

Click here for the full legislative text.

Below is a list of provisions in the reconciliation bill that benefit Mississippians:

1. Key tax cuts from the Tax Cuts and Jobs Act are made permanent with an adjustment for inflation.
2. This reconciliation bill delivers the largest tax cut for the middle class in American history.
3. The Child Tax Credit is doubled from $1,000 to $2,000, and the legislation increases tax credits available for childcare expenses.
4. The adoption tax credit is now partially refundable, making it more affordable for families to manage costs related to adoption.
5. A 20 percent small business deduction is maintained, ensuring small businesses can continue to invest in themselves and their employees.
6. A 53 percent long-run wage increase for Mississippians. This legislation ensures Mississippians will take home more dollars and have improved economic security.
7. Research and development expenditures will be fully expensed for small business owners. This provision encourages innovation, boosts productivity, and improves competitiveness for businesses across Mississippi.
8. The creation of permanent opportunity zones. Making opportunity zones permanent provides certainty for the individuals and companies that utilize the credit and invest in underserved communities.
9. Up to a $25,000 deduction for qualified cash tips received in occupations that customarily receive tips, available to both employees and independent contractors.
10. The 1099-K reporting threshold increased to $20,000 and 200 transactions. This will reduce burdensome red tape and unnecessary regulations imposed by Democrats in 2021, improving economic activity and job creation across Mississippi.
11. The New Market Tax Credit is made permanent, driving investment in rural and underutilized areas across Mississippi.
12. Work requirements will now be required for Medicaid coverage, ensuring these benefits are available to those who are truly in need of care. This provision will also eliminate much of the waste, fraud, and abuse within Medicaid.
13. Medicaid is no longer available for illegal immigrants.
14. There is an allocated $50 billion over five fiscal years for states to carry out rural health transformation plans. This funding would be available to improve access to hospitals and ensure the financial stability of rural hospitals.
15. This legislation repeals $6 billion in climate related Green New Deal funds, restores lease sales blocked by the Biden administration, cuts permitting red tape, and funds resupplying the Strategic Petroleum Reserve (SPR) with American-sourced energy.
16. All unspent funds and unobligated money in the Inflation Reduction Act will be rescinded.
17. The methane tax is paused for the next 10 years, stopping Democrats’ natural gas tax hike, which would have increased gas prices and continued Biden’s inflationary policies.
18. The Federal Communications Commissions’ (FCC) spectrum auction authority is restored until September 30, 2034. The FCC would be required to auction at least 800 megahertz—500 megahertz of Federal and 300 megahertz of non-Federal spectrum—within an eight-year period.
19. There is an allocated $4.3 billion for the procurement of Polar Security Cutters, which are built at the Bollinger Shipbuilding’s Pascagoula yard.
20. A total of $175 billion on funding for securing the southern border, including:

1. $46.5 billion for Customs and Border Protection for construction of the border wall.
2. $45 billion for expanding ICE detention capacity.
3. $4.1 billion for border patrol agents, air and marine agents, and field support personnel.
4. $6 billion for border technology and screening upgrades.
5. $10 billion in grant funding to reimburse states for border security expenses.

21. The John C. Stennis Space Center will receive $120 million for infrastructure modernization projects. As NASA’s largest rocket propulsion test facility, these investments will enable NASA to update aging facilities and support development to attract commercial companies to the site.
22. The Space Launch System for Artemis Missions IV and V receives $4.1 billion. All engines in the Artemis program are tested at the Stennis Center. This will enable additional testing of engines for Artemis V to continue at the Stennis Center.
23. The legislation narrows the Supplemental Nutrition Assistant Program (SNAP) exceptions for work requirements for able-bodied adults, ensures benefits are available for those who truly need it.
24. SNAP is no longer available for illegal immigrants.
25. Commodities reference prices are increased to account for inflation so farmers and cattlemen can produce food here in the United States. It is imperative we are not relying on other nations for the food to feed our nation.
26. Farm-raised fish producers who experience losses associated with bird predation are eligible for emergency assistance in the event of a disaster.
27. The competitive research grants included in this bill for agriculture research facilities will ensure the next generation of students have access to cutting-edge facilities and research opportunities.
28. The Consumer Financial Protection Bureau funding would be decreased by 45 percent, limiting this unaccountable federal entity from issuing needless bureaucratic regulations that reduce consumer access to financial services.

As Chairman of the Armed Services Committee, Chairman Wicker secured a total of $150 billion for investment in our military. Below are a few of those provisions:

1. $25 billion for the Golden Dome for America. This missile defense system will shield our homeland and troops in the age of hypersonic weapons.
2. $29 billion for shipbuilding and the Maritime Industrial Base. Expands the size and enhances the capability of our naval fleet. Invests in autonomous surface and subsurface technology. Builds capacity and improves infrastructure in the maritime industrial base.
3. $15 billion for nuclear deterrence. Accelerates modernization of the triad. Improves readiness of our current nuclear deterrent. Invests in infrastructure needed to restore America’s ability to manufacture nuclear weapons.
4. $350 million to replace antiquated business systems and inject automation and AI at the DOD. This funding would support DOGE so that the DOD can finish its first audit by end of 2028.
5. $16 billion to improve readiness, including through modernization of depots, additional spare parts for aircraft, and expanded naval maintenance.    
6. $9 billion for service member quality of life. These funds increase allowances and special pays, as well as improvements to housing, healthcare, childcare, and education. 
7. $16 billion to expedite innovation to the warfighter. This legislation increases scale production of innovative low-cost and next-generation weapons like drones, counter-drone tech, low-cost munitions, and artificial intelligence.

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