The White House prepares for a Fourth of July celebration with fireworks. The event celebrates passing the big bill.

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful Bill Act (OBBB), signed into law on July 4 after squeaking through Congress.

The GOP-led House of Representatives passed the One Big Beautiful Bill Act in a 218-214 vote Thursday following 29 hours of arm-twisting and deliberation that included the longest floor speech and longest procedural vote in the body’s 236-year history.

The White House Director of the National Economic Council told Fox News Digital 'the differences are incredibly small' as House and Senate members spar on final language.

President Trump called the legislation the "ultimate codification of our agenda" to "make America great again."

The Congressional Budget Office estimated that it will add $3.3 trillion to the deficit over the next ten years. Elon Musk, once Trump’s highest profile ally, has warned again in recent days that the legislation would send the country into “debt slavery.” He also threatened to fund primary challengers to Republicans who voted for the legislation.

As President Donald Trump's July 4 deadline for passing his "Big Beautiful Bill" approaches, the White House has been touting its potential economic impact on Americans.

The White House press secretary was asked by a reporter if President Trump will sign a final bill that includes Medicaid cuts.

President Donald Trump signed his mammoth domestic policy bill into law, securing a major legislative win by his July Fourth target date.