While the House has yet to pass the tax-and-spending megabill, President Trump seems to expect a successful voting process and has already planned a ceremony for its approval. Trump has scheduled a megabill signing ceremony for tomorrow, July 4, at 5 p.m. Eastern time, according to Punchbowl News. The ceremony was reportedly pushed back from the initial time of 9 a.m.
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House to Vote on Trump Megabill Today
Could Trump’s optimism be premature? Yesterday, Rep. Ralph Norman said that the House has enough “no” votes to scrap the bill. There are 220 Republicans and 212 Democrats in the House, meaning that the bill could come to a halt if four or more Republicans vote against it.
The House is expected to begin the voting process for final passage today following the conclusion of its debate.
Head over to TipRanks’ Stock Analysis and News feed for additional updates on Trump’s megabill.
*This is a developing story. Additional updates will be provided soon.*