Deep Tide TechFlow news, on July 4, according to Xinhua News Agency, the U.S. House of Representatives passed the "Big and Beautiful" tax and spending bill promoted by President Trump with a vote of 218 in favor and 214 against on the afternoon of the 3rd. The bill has been controversial due to its impact on federal aid cuts, long-term debt increases, and tax reductions for the wealthy and large corporations. Two Republican congressmen voted against the bill during the vote. The bill was passed by the Senate on the 1st of this month. The White House stated on the 3rd that Trump is scheduled to sign the bill on the 4th, which is the U.S. "Independence Day," to make it effective.