House Republicans are ready to vote on President Donald Trump's $4.5 trillion tax breaks and spending cuts bill early Thursday, up all night as GOP leaders and the president himself worked to persuade skeptical holdouts to drop their opposition by his Fourth of July deadline.
Budget analysts say the GOP tax cut and spending bill would add trillions to the government's debt over the next 10 years. Interest on the debt already costs taxpayers about $1 trillion per year.