Speaking at a U.S. Steel plant in Pennsylvania, President Donald Trump touted his administration’s economic successes and promoted the “big, beautiful" budget bill.

On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came in at 215-214.

Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

The Republican tax bill, a top legislative priority for President Donald Trump, could damage the broader economy and rattle the U.S. bond market, according to Wall Street experts.

Trump backed spending bill narrowly passes through the House in May 21 vote. Here's the latest on no tax on tips, overtime and more.