The House voted overnight Thursday, after hours of delay, to advance President Trump's "big, beautiful bill" before a final vote, which is expected soon.

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under President Donald Trump's "big beautiful bill." The existing $10,000 cap on SALT deductions will rise to $40,

Now, the legislation goes back to the lower chamber, where House Speaker Mike Johnson (R-LA) and other GOP leaders are corralling votes. The House narrowly passed the bill last month in a 215-214 vote, and now that several modifications have been made to the text, more than two dozen House members are currently holdouts.