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.

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.

By Wednesday evening, enough Republicans remained opposed to the Senate’s version of the bill to effectively stall its passage in the House.