After a nail-biter vote in the Senate, the House is taking up President Donald Trump's giant tax and immigration bill. It's expected to face some issues, especially among fiscal hawks as the Senate version is projected to add roughly $1 trillion more to the deficit than what the House passed back in May.

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and Medicaid cuts.