President Donald Trump is expected to sign his signature bill of tax and spending cuts at the White House Fourth of July picnic.

House Democratic Leader Hakeem Jeffries is now 10 minutes away from breaking a record in the House for the longest floor speech ever -- an accomplishment held by Republican Kevin McCarthy, who four years ago spoke for 8 hours and 32 minutes in opposition to President Joe Biden's "Build Back Better" legislation.

The legislation, which extends tax cuts and funds border and defense programs, would increase the national debt by close to $4 trillion over the next decade.