The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by $6,000 from 2025 through 2028.

At its core, the bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act while introducing a raft of new breaks. Some, such as an expanded child tax credit and an above-the-line deduction for charitable contributions, are permanent changes to the tax code.