P resident Trump and Republicans in Congress are celebrating this holiday weekend after both the House and Senate passed what they call the "One Big Beautiful Bill." The President signed the legislation into law at the White House Friday.

Congressional Republicans are hoping to send their sweeping tax and spending cuts package, otherwise known as the “big, beautiful bill,” to President Donald Trump’s desk by July 4. The House and Senate have each narrowly passed their own versions of the bill.

The Senate passed President Trump’s “Big Beautiful Bill” July 1, giving the president his most significant legislative victory in his second term.