India, June 29 -- US President Donald Trump's "one big, beautiful bill" has moved one step closer to being passed. The $4.5 trillion tax cut bill cleared a key procedural vote at the Senate late on Saturday. The development comes just days ahead of the July 4 deadline for the bill's passage.

After hours of delay, the procedural vote finally took place, and cleared the ambitious bill. While many Republicans were in favour of the bill, three Republican senators - Thom Tillis, Ron Johnson and Rand Paul - joined Democrats in opposing it. However, by the end of the crucial vote, Johnson flipped his no vote to yes.

The results reportedly came following negotiation efforts by Vice President JD Vance and other Republicans.

While this is a big ...