New Delhi, July 4 -- US President Donald Trump's mega-bill of spending and tax cuts finally cleared the Congress hurdle and is set to become a law after the House of Representatives passed it in a final vote on Thursday.

Trump is all set to sign the bill into law during a ceremony on Friday (July 4), which coincides with the US Independence Day. The bill encompasses from extension of tax cuts, increased defence spending, cuts in medical aid and reduced spending on green energy initiatives.

According to a PTI report, Donald Trump's proposed mega bill focuses mainly on extending and expanding tax cuts from his first term. These tax breaks, worth $4.5 trillion, are set to expire unless Congress acts. New additions include tax deductions fo...