The Tax Policy Center, which provides nonpartisan analysis of tax and budget policy, projected the bill would result next year in a $150 tax break for the lowest quintile of Americans, a $1,750 tax cut for the middle quintile, and a $10,950 tax cut for the top quintile. That’s compared to what they’d face if the 2017 tax cuts expired.

A procedural vote to set up final passage for the legislation stalled as Speaker Mike Johnson worked to sway holdouts and meet Trump's July 4 deadline.

Republicans in the House of Representatives on Wednesday struggled to pass President Donald Trump's massive tax-cut and spending bill as a handful of hardliners withheld their support over concerns about its cost.