The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income surpasses $75,000 per person, or $150,000 for joint filers. Then it phases out completely once income crosses $175,000 per person or $250,000 per couple.

The House passed Senate Republicans’ version of the reconciliation package on Thursday 218-214 in a largely party line vote. Only... The bill will now head to President Trump’s desk. He is expected to sign it on July 4.

Kentucky’s GOP congress members were among the few to jump party lines to vote against the Republican tax and spending bill in the Senate and House, drawing anger from the president.

The House GOP ultimately passed the Senate’s multi-trillion-dollar package, after having earlier suggested a version of its own. While many of the provisions in each were largely similar, several were quite different.

President Donald Trump will continue to push the "One Big Beautiful Bill Act" as Senate Republicans try to meet Trump's Fourth of July deadline for passage. The Senate GOP discussed the megabill at its lunch Friday afternoon -- while they work to resolve a number of outstanding issues so they can work to get the bill on the floor this weekend.