New Delhi, July 1 -- The Republican-controlled US Senate on Tuesday (July 1) narrowly approved a sweeping tax-cut and spending package championed by President Donald Trump, marking a major legislative victory for the administration ahead of the July 4 holiday.

The measure, formally known as the "One Big Beautiful Bill Act," passed by a razor-thin margin after Vice President JD Vance cast the tie-breaking vote in the evenly divided chamber.

The legislation enacts trillions of dollars in permanent tax cuts, including extending the 2017 tax reductions and adding new breaks such as eliminating federal taxes on tips. It also imposes significant cuts to social safety net programs, including Medicaid health coverage for low-income Americans an...