House Passes Trump’s Signature Spending Bill

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Republicans in the House of Representatives passed the “One Big Beautiful Bill,” the spending bill containing some of President Donald Trump’s signature policies, overcoming criticism from conservative colleagues and resistance from Democrats—including an eight-hour speech by Minority Leader Hakeem Jeffries, D-N.Y.

Key Facts

The bill is estimated to slash federal Medicaid spending by over $1 trillion, according to the nonpartisan Congressional Budget Office, cutting down on spending through new requirements and rules for recipients and providers.

The cuts are expected to offset the extension on Trump’s tax cuts, billions of dollars in border security funding and other costs.

The bill also includes a phaseout of the wind and solar tax credit, a $50 billion rural hospital fund between 2026 and 2030, and significantly slashes taxes on income from tips and overtime.

Student loans will also be shaken up by the bill, with the majority of repayment plans being axed for new loans, and new restrictions on federal student loans that may force more students to rely on private loan providers, which do not offer forgiveness programs and usually have higher interest rates.

House Speaker Mike Johnson, R-La., took a victory lap after Jeffries’ marathon speech and just before the final vote, praising the bill’s tax cuts and funding for border security, and personally thanked Trump and Vice President JD Vance for helping steward the bill through Congress.

Republicans advanced the bill with a procedural vote around 3:30 a.m. EDT on Thursday morning, after multiple conservative holdouts fell in line with their party amid pressure from Trump, who wrote “FOR REPUBLICANS, THIS SHOULD BE AN EASY YES VOTE” in a late-night Truth Social post.

Which Republicans Voted Against The Bill?

Rep. Brian Fitzpatrick, R-Pa., who represents a crucial swing district in the Philadelphia suburbs, was the only Republican to side with Democrats during the procedural vote on Thursday morning. He joined Democrats again to vote against the bill in the final vote. Only one of the bill’s conservative critics ended up voting against it—Rep. Thomas Massie, R-K.y., a member of the House Freedom Caucus who Trump previously threatened with a primary challenge.

What Happens Next?

Now that both chambers of Congress have approved the bill, it goes to the president’s desk for Trump to sign into law. Trump had previously tasked Congress with getting the bill to his desk by the July 4 federal holiday, and it is likely he will move quickly to sign the bill, which extends his 2017 tax cuts and provides record funding for the military and border security. The White House is already planning a bill signing ceremony on the Fourth of July, sources told NBC News. Trump took an early victory lap Thursday morning as Jeffries passed five hours of speaking, writing on Truth Social “What a great night it was. One of the most consequential Bills ever. The USA is the ‘HOTTEST’ Country in the World, by far!!!”

What Did Jeffries Speak About?

Jeffries began speaking using his “magic minute” just before 5 a.m. on Thursday morning, and spent 8 hours and 44 minutes sharing testimonies from Americans struggling with losing Medicaid and SNAP coverage. Members of the Democratic caucus cheered and chanted “Hakeem!” after he finished his 8 hour and 44 minute speech, breaking a record set by former House Speaker Kevin McCarthy, R-Calif., in 2021. Jeffries directed his criticism at Republicans, whom he said “had the nerve to start this debate at 3:28 am in the middle of the night. But we made clear that we were going to expose all of the things being done to harm the American people. Not in the dark of night, but in the light of day.” Jeffries yielded the floor to the Republicans just before 1:40 p.m. Johnson used his time to highlight key policy victories, insisting “this bill is for hardworking Americans, and they deserve it.” But he also took the opportunity to take shots at Jeffries’ delay tactics: “It takes a lot longer to build a lie than to tell the simple truth,” Johnson said.

This is a developing story and will be updated.

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