The House of Representatives approved the fiscal year 2026 federal budget bill, commonly referred to as "one big, beautiful bill," with a 218 to 214 vote on Thursday afternoon.

House Republicans pushed their sweeping tax and spending package across the finish line Thursday, handing Trump a major legislative victory.

The bill would add $3.4 trillion to the nation’s $36.2 trillion debt. President Donald Trump’s tax-cut package cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved the massive bill and sent it to him to sign into law.