The Republican package would slash taxes, boost spending on immigration and the military, and impose steep cuts to Medicaid, SNAP and clean energy funding.

The House passed President Trump's "big, beautiful bill" Thursday, clearing the way for Trump to sign it by his July 4 deadline. Why it matters: It's a massive victory for Speaker Mike Johnson (R-La.),

Republicans passed a mammoth tax and immigration agenda they hope will reshape the U.S. economy and unwind many of the Biden administration’s accomplishments.