A long battle that may define Trump's 4-year term ended in victory.
Making the sausage was not pretty, deficit spending has increased, but Trump and his aides say that the economy will grow and revenue from taxes and tariffs will help tame the deficit. We shall see.
Below I provide a long quote that summarizes the bill, and the process to get it approved.
The NY Post has the advantage of good reporting, and no pay-wall so everyone can read the whole article.
"The GOP-led House of Representatives passed the One Big Beautiful Bill Act in a 218-214 vote Thursday following 29 hours of arm-twisting and deliberation that included the longest floor speech and longest procedural vote in the body’s 236-year history.
In the end, just two Republicans, Thomas Massie of Kentucky and Brian Fitzpatrick of Pennsylvania, voted against the measure after Trump held 11th-hour White House meetings Wednesday with more than a dozen holdouts.
The president will sign the package into law during a Friday evening event at the White House to mark the July 4 holiday.
The act is intended to be Trump’s signature legislative achievement of his second term and includes an extension of the 2017 tax cuts, key provisions of which were set to expire at the end of the year; bolstered spending on border security, defense, and energy exploration; and reductions in discretionary spending."
"The GOP-led House of Representatives passed the One Big Beautiful Bill Act in a 218-214 vote Thursday following 29 hours of arm-twisting and deliberation that included the longest floor speech and longest procedural vote in the body’s 236-year history.
In the end, just two Republicans, Thomas Massie of Kentucky and Brian Fitzpatrick of Pennsylvania, voted against the measure after Trump held 11th-hour White House meetings Wednesday with more than a dozen holdouts.
The president will sign the package into law during a Friday evening event at the White House to mark the July 4 holiday.
The act is intended to be Trump’s signature legislative achievement of his second term and includes an extension of the 2017 tax cuts, key provisions of which were set to expire at the end of the year; bolstered spending on border security, defense, and energy exploration; and reductions in discretionary spending."
The image is a summary of the bill itself:
