House Republicans are ready to vote on President Donald Trump鈥檚 $4.5 trillion tax breaks and spending cuts bill early Thursday after staying up all night with GOP leaders and the president himself working to persuade skeptical holdouts to drop their opposition by his Fourth of July deadline.
Final debates began in the predawn hours after another chaotic day and night at the Capitol following a series of closed-door meetings.
Putting the bill on Trump's desk would be a milestone for the president and his party as Republicans have the votes to overcome Democratic opposition to a long list of GOP priorities. Trump's 鈥渙ne big beautiful bill,鈥 an , is a defining measure of his return to the White House. Read .
Here's the latest:
US employers added a surprising 147,000 jobs last month despite uncertainty
The American labor market continues to show surprising resilience despite uncertainty over Trump鈥檚 economic policies. The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday.
Hiring rose modestly from a revised 144,000 in May and beat economists expectations of fewer than 118,000 new jobs as , the federal hiring freeze and immigration crackdown weigh on the American job market. U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low.
A survey released Wednesday by the found that private companies cut 33,000 jobs last month, reflecting a hesitancy to hire and a reluctance to replace departing workers.
The president鈥檚 deportations, meanwhile, are driving immigrants out of the U.S. labor force. Those working and looking for work fell by 625,000 in May, the biggest drop in a year and a half.
What's in the Big Beautiful Bill Act
includes , spending cuts, a , . The bill on Social Security benefits, despite what Trump says.
The bill rolls back past presidential agendas: In many ways, the package is a of the last two Democratic presidents, a chiseling away at the Medicaid expansion from Barack Obama鈥檚 , and a pullback of Joe Biden鈥檚 climate change strategies in the .
Congressional Budget Office review: The nonpartisan CBO said Sunday the bill would load from 2025 to 2034, a nearly $1 trillion increase over the House-passed version of the bill. The analysis also found that by 2034 if the bill passed.
White House: The big bill is kind of like the solution to a bad hair day
With Trump鈥檚 spending and tax cut bill nearing passage, the White House is getting creative in pitching it to Americans who haven鈥檛 been closely following the debate over the legislation.
The White House late Wednesday dropped on social media that includes before and after shots of women who transform flat hair to voluminous bouffants as a narrator ticks off aspects of the bill that she says will make Americans鈥 lives better.
鈥淎re you tired of government promises falling flat? Do you go through an outrageous amount of stress just trying to get by?鈥 the narrator intones as a woman screams in frustration over her bad hair day. 鈥淭hen bump it up with 鈥榦ne big, beautiful bill鈥 and get that relief fast and easy.鈥
By the end of the short video, the screaming woman and others are sporting new hairdos that are markedly more voluminous.
Hakeem Jeffries has been talking for three hours and counting
Republican leadership spent much of the night and early morning persuading a handful of holdouts to support the Senate-approved tax cuts and spending bill. But now, House Speaker Mike Johnson appears to have the votes, and Democrats are standing in the way.
As the House wrapped up its debate over passing Trump鈥檚 agenda, Minority Leader Hakeem Jeffries used a tool known as the 鈥渕agic minute鈥 that allows leaders unlimited time to speak. He started his address just before 5 a.m. ET. And it鈥檚 still going.
鈥淚鈥檓 going to take my time,鈥 he said, before launching into a speech criticizing Republicans鈥 deference to Trump, reading through personal accounts of people concerned about losing their health care coverage, and recounting American history.
Eventually, Jeffries will end his speech, and Republicans will move to final passage of the bill.
