WASHINGTON, July 3 (Reuters) - Republicans in the U.S. House of Representatives advanced President Donald Trump 's massive tax-cut and spending bill toward a final yes-or-no vote early on Thursday morning, appearing to overcome internal party divisions over its cost.

The House is taking a final vote on President Trump's "big, beautiful bill" after a dramatic overnight session, and record-breaking speech by Hakeem Jeffries.

The president exhorted Republicans to get behind the legislation after efforts to pass it hit resistance. House Minority Leader Hakeem Jeffries decried the package in a record-long floor speech.