The bill proposes to extend approximately $3.8 trillion in tax cuts from 2017 while allocating new funds for military and border security enhancements. However, the far-reaching implications could mean severe financial repercussions for many low-income Americans due to cuts in health insurance and social support systems.

As the curtain falls on over 24 hours of rigorous debate and negotiations, the House is poised to conduct a final vote today. Observers await the outcome, with implications that could reverberate through the party's political landscape for years to come. Stay tuned for live updates on this unfolding situation.