House Nears Final Vote on Trump Megabill; US Employers Added 147,000 Jobs in June

Minority Leader Hakeem Jeffries is delaying the final vote with a marathon floor speech that started just before 5 a.m. ET. In the early hours of Thursday, the House voted 219-213 to open debate and tee the package up for final vote, due in the coming hours. If it passes, it will then head to Trump’s desk The development marked a victory for Johnson and Trump who had been whipping votes since the Senate’s passage on Tuesday.

U.S. employers added 147,000 jobs in June as the U.S. labor market continued to show surprising resilience. The unemployment rate ticked down to 4.1 percent from 4.2 percent in May, the Labor Department said on Thursday. Hiring rose modestly from a revised 144,000 in the previous month, beating economists' expectations of fewer than 118,000 new jobs and a rise in the unemployment rate.