President Donald Trump signed a bill into federal law Wednesday, giving the GOP-controlled House and Senate the final push to pass a $1.5 trillion tax overhaul.
Trump has been pressing the GOP to pass the tax bill, which he said would benefit the middle class.
The bill also includes some provisions to help the poor and elderly, and a measure to protect the Affordable Care Act.
“I want to thank all of you in the House and in the Senate,” Trump said.
“We are very close, and I hope we get there.”
Trump’s tax bill is also expected to pass in the Republican-controlled Senate.
Senate Republicans are also expected this week to pass their own tax bill that would cut corporate tax rates to 20% and slash individual rates to 28% from 35%.
Republicans are now hoping to pass an Obamacare repeal bill that could be voted on later this week.
Trump also signed an executive order, which sets out a timeline for repealing Obamacare, which has been a key component of his political agenda.
It also gives the president the power to unilaterally shut down the government over a wide range of issues.
The executive order sets out the process for Trump to enact a budget, which the president said could take several weeks.