The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 years, according to the CBO.

Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips and health care.

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.

Makes tax cuts from the 2017 Tax Cuts and Jobs Act permanent that fiscal hawks complain adds trillions of dollars to the deficit over the next decade; does not include a tax increase on the wealthiest earners. Trump posted last week that the proposal shouldn't raise taxes on high-earners, "but I'm OK if they do!!!"

NPR's Ayesha Rascoe talks to University of Michigan economist Justin Wolfers about the possible economic impact of the GOP tax and spending bill that narrowly passed in the House.

Trump administration says Harvard can no longer enroll international students. Plus, NOAA predicts above average hurricane season. It's on The Excerpt.