The House of Representatives passed a massive tax and spending bill early this morning by one vote, moving a key part of President Donald Trump‘s agenda forward.
The vote as 215-214, with two Republicans joining all Democrats in opposition. It was the latest piece of massive legislation to come up for a vote in the middle of the night or early morning — in this case just before 7 a.m. ET.
The bill would extend and make permanent Trump’s 2017 income tax cuts, while expand spending on defense and border security. Democrats were united in their opposition, as it would make cuts to Medicaid, clean energy and other social programs, while adding to the deficit.
In an effort to garner support from lawmakers from high tax states, the legislation increased the current cap on the state and local income tax deductions from $10,000 to $40,000, but that would be reduced for those making more than $500,000 per year.
The bill also includes provisions for no tax tips and overtime, which were two of Trump’s campaign promises.
The legislation now will head to the Senate, which is expected to make major revisions.
Trump had labeled the legislation “one, big beautiful bill,” and that is what it was named: The One Big Beautiful Bill Act.
More to come.
