House Republicans Poised to Pass Sweeping Budget Bill by July 4 Deadline
House Republicans Poised to Pass Sweeping Budget Bill by July 4 Deadline
House Republicans are on the brink of passing President Trump’s landmark budget bill, the ‘One Big Beautiful Bill Act,’ ahead of their self-imposed July 4 deadline. The legislation cleared a critical procedural hurdle today, setting the stage for a final vote.
Speaker Mike Johnson successfully navigated a narrow majority and internal party divisions, securing the necessary votes after an extended period of negotiation with five holdouts. The final procedural tally was 219-213.
The sprawling bill, nearly 1,000 pages long, includes a permanent extension of President Trump’s 2017 tax cuts, a temporary end to taxes on tips and overtime, significant new spending on defense and immigration enforcement, and a $5 trillion increase in the nation’s debt limit. To offset these measures, the bill proposes deep spending cuts, most notably to Medicaid, which could impact an estimated 11 million Americans.
Lawmakers are now set to debate the bill on the floor before a final vote, a process that could take several hours. Its likely passage marks a significant legislative victory for Republicans, though Democrats have vowed to make the bill a central issue in the 2026 midterm elections.
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