President Trump's tax and spending bill passed the House by a narrow margin, adding $3.8 trillion to the national debt. It aims to fulfill Trump's policy agenda but has drawn criticism for favoring the wealthy and cutting benefits for the poor.

The Republican-led House narrowly passed President Donald Trump’s sweeping tax and spending bill late early Thursday morning, sending the package to the Senate where it is likely to be revised.

U.S. Senate Republicans said on Thursday they will seek substantial changes to President Donald Trump's sweeping tax and spending bill after it narrowly won approval in the House of Representatives, in a sign that significant hurdles remain for the package.