The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.

House Majority Leader Steve Scalise, R-La., discusses the Republican tax bill's benefits for blue-collar workers, including no tax on tips and overtime tax refund.

Among its myriad provisions, the package makes permanent the 2017 tax cuts that were set to expire at year’s end and beefs up funding for defense, border control and immigration enforcement.