WASHINGTON, July 3 (Reuters) - Republicans in the U.S. House of Representatives advanced President Donald Trump 's massive tax-cut and spending bill toward a final yes-or-no vote early on Thursday morning, appearing to overcome internal party divisions over its cost.

Extending tax cuts. The bill would extend most of Trump’s 2017 tax cuts, which are set to expire Dec. 31, for all income groups. It continues current tax rates, with a top rate

Republican lawmakers would provide funding for Pell Grants but tighten eligibility requirements. The House version raises the bar for how "full-time" studies are defined -- students would have to earn 30 credits per year to be eligible, for instance, rather than the current 24.