The U.S. House of Representatives passed today, Thursday, what is known as the "Big Beautiful Bill," which allows President Donald Trump to implement a significant number of his campaign promises, including increased spending on border security, tax cuts, and reductions in certain government expenditures.

The media office of the House of Representatives clarified that the bill received support from 218 members, while 214 opposed it, before being sent to President Trump for signing later today or early Friday morning.

The passage of this bill marks a major political victory for President Trump, who has worked over the past few months to push for its approval despite strong opposition from the Democratic Party and reservations from some Republican members.

The White House stated in a release that the "Big Beautiful Bill" would "unleash strong, real economic growth and restore financial stability in America," emphasizing that it includes historic tax cuts, rapid deregulation, and curbs on government spending.

The statement added that failing to pass this legislation would have led to "the largest tax increase in U.S. history, estimated at $4 trillion, potentially raising the national debt to 117% of GDP by 2034."

However, the Congressional Budget Office (CBO), a nonpartisan official research institution, noted that the new legislation would increase the federal deficit by approximately $2.4 trillion during 2024 and 2025, according to an analysis published on its official website.

According to a summary of the bill posted on the Congress website, the legislation includes "tax cuts, reductions or increases in spending on various federal programs, as well as raising the federal debt ceiling and funding (or cutting) budgets for certain government agencies and programs."

The bill also includes "financial allocations for Customs and Border Protection to build or improve border barriers, modernize surveillance technologies, develop immigrant detention facilities, and upgrade checkpoints along U.S. borders."

It is worth noting that the House of Representatives had passed an initial version of this bill on May 22. However, strong Democratic opposition, along with reservations from some Republicans, led to amendments, requiring the bill to be sent back to the House for another vote after the Senate passed it last Tuesday.