Republicans finally managed to gather a majority for Donald Trump's big, beautiful bill. Now the president will sign it on the national holiday itself.
The White House says in a statement that Trump will sign the bill at 5 p.m. Friday, July 4, which is America's Independence Day. That corresponds to 11 p.m. Norwegian time.
Trump praised the passage of the bill when he met with the press before departing for the state of Iowa, where he will start the national day celebrations.
"It's going to turn this country into a space rocket," Trump said of what he believes the budget means for the American economy.
Ahead of the signing on Friday, the president invites all members of the House of Representatives and the Senate to a gathering at the White House.
– Together we will celebrate our nation's independence and the start of a new golden age, he writes on his own service Truth Social.
Two of his own voted against
The bill passed by a vote of 218 to 214. Republicans hold a 220-212 majority in the House of Representatives, meaning two Republicans voted against the bill. These were Brian Fitzpatrick of Pennsylvania and Thomas Massie of Kentucky.
All Democrats voted against.
The deliberations began on Wednesday evening and continued for over a day until a 15-minute vote, which ended with the president's over 800-page budget proposal getting the green light.
This happened after Democratic Minority Leader Hakeem Jeffries delayed the vote by speaking for nearly nine hours, setting a new record for the longest continuous speech in the House.
In total, Jeffries spoke for eight hours and 45 minutes.
– Extremely important day
After Thursday's decision, only the president's signature remains before it can be implemented.
"This is an incredibly important day in our country's history. The United States is back," said Mike Johnson, the speaker of the assembly, before the vote began.
Republican leaders struggled for a long time to convince their own party members to vote for the formality proposals, but after some private conversations, several people changed their minds and the process moved forward.
Trump has long said that he wanted to get the bill passed before July 4th, which is America's Independence Day. He has succeeded in that.
Big tax breaks
The budget package involves major tax cuts, especially for the rich, extensive cuts in public welfare spending, and increased investment in defense and immigration control.
It involves tax cuts worth $4.5 trillion. Trump's low tax rates from 2017 will be implemented permanently. There will also be new tax cuts that Trump promised during the election campaign, such as zero tax on tips and overtime. The tax cuts are particularly targeted at the highest earners and the business community.
In addition, there will be less money for the public health program Medicaid and food stamps. An additional $350 billion will also be allocated for border control and national security, including funds for deportations.