President Trump is scheduled to sign the bill into law at 5 p.m. on July 4 at the White House, locking in tax reductions and Medicaid cuts.

House Republicans have muscled President Donald Trump's tax and spending cuts package forward to a final vote. If passed, the bill would bring tax cuts, money for deportations and Medicaid cuts.

A final House vote is expected Thursday for President Trump's second-term agenda on tax reductions, immigration enforcement and deep Medicaid cuts.

An ally of President Trump has launched a super PAC to combat Elon Musk after the billionaire threatened to create a third party over frustration with the Republican budget bill. Sophia Cai, White House reporter for Politico,