President Donald Trump scored a key legislative victory today after the House approved his sweeping tax and spending overhaul, setting the stage for a high-profile signing ceremony at the White House on Independence Day.
The bill, which includes broad tax relief and significant increases in defense funding, passed after weeks of intense lobbying by Republican leaders who worked to unite their fractured ranks behind Trump’s ambitious second-term agenda.
Calling it his “big, beautiful bill,” Trump is expected to sign the legislation Thursday at 5 p.m. ET as part of Fourth of July festivities at the White House.
“This is a huge win for American workers, families and our national strength,” Trump said in a brief statement, crediting GOP lawmakers for delivering a long-promised overhaul.
The multi-trillion-dollar package includes deep reductions to federal safety net programs, marking the largest such cuts in decades. These reductions helped offset new spending on national security and expanded tax breaks for businesses and high earners.
Democrats fiercely opposed the bill. House Minority Leader Hakeem Jeffries set a new modern record for the longest House floor speech, using his unlimited “magic minute” to speak for hours against the measure in an effort to delay its passage.
Despite the resistance, the Republican-led House advanced the bill late Wednesday, giving Trump the first major policy win of his second term and setting up a contentious battle over its long-term economic and social impact.
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