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Congress Sends Trump’s $4.5 Trillion Tax-and-Spending Bill to President’s Desk

Trump’s self-imposed July 4 deadline drove final Republican support for the package.

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Speaker of the House Mike Johnson speaks to the press on Capitol Hill on Wednesday.
U.S. President Donald Trump's sweeping spending and tax bill is seen after U.S. House of Representatives Speaker Mike Johnson signs it, on Capitol Hill in Washington, D.C., U.S., July 3, 2025. REUTERS/Umit Bektas

Overview

  • Both chambers approved the 887-page reconciliation measure after the Senate cleared it June 29 with Vice President J.D. Vance’s tie-breaking vote and the House passed it 218-214 on July 3.
  • The legislation extends roughly $4.5 trillion in tax cuts over a decade and eliminates federal income taxes on tips and overtime pay.
  • It offsets revenue losses with $1.2 trillion in reductions to Medicaid, SNAP work requirements and the rollback of green energy tax credits.
  • The nonpartisan Congressional Budget Office projects the bill will add between $3 trillion and $5 trillion to the deficit and leave about 12 million more Americans uninsured by 2034.
  • House Democrats united in opposition, with Leader Hakeem Jeffries delivering an 8-hour-44-minute floor speech branding the package a “crime scene.”