President Trump’s massive tax and spending cut package cleared Congress on Thursday, as House Republicans delivered the bill for his signature ahead of his July 4 deadline.
House Speaker Mike Johnson succeeded in pushing the “big, beautiful bill” across the finish line with a 218-214 vote.
“This is jet fuel for the economy and all boats are going to rise,” the Louisiana Republican said.
Mr. Johnson said Republicans did not want to waste the gift of unified government they were given in the November elections and gave voters what they wanted in the filibuster-proof budget reconciliation package, which includes sweeping tax and spending cuts, energy deregulation and defense and border security money.
But the GOP was unified in support of the centerpiece of the legislation: a permanent extension of Mr. Trump’s first-term tax cuts for individuals and small businesses.
Only two Republicans voted against the final bill: Reps. Brian Fitzpatrick