President Donald Trump's "big, beautiful bill" has passed the House of Representatives in a major win for the White House. Here's what's in it and what happens next

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 House passed President Trump's "big, beautiful bill" Thursday, clearing the way for Trump to sign it by his July 4 deadline. Why it matters: It's a massive victory for Speaker Mike Johnson (R-La.),