The U.S. House narrowly passed President Trump’s “One Big Beautiful Bill,” a $5 trillion tax and spending package.

It extends 2017 tax cuts, introduces new deductions, and allocates $150 billion for defense and $70 billion for border security.

The bill also proposes stricter Medicaid work requirements and cuts to social safety-net programs. Critics warn it could add $5.7 trillion to the national debt over the next decade.

The Senate is expected to vote by July 4. 

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