President Donald Trump signed the One Big Beautiful Bill Act into law on 4 July during a White House ceremony that featured a B-2 bomber flyover and a military family picnic. Flanked by House Speaker Mike Johnson and Senate Majority Leader John Thune, Trump hailed the measure as the “largest tax cut in U.S. history” and struck a ceremonial gavel moments after adding his signature.
The multitrillion-dollar package permanently extends Trump’s 2017 tax reductions, allows workers to deduct up to $25,000 in tips and overtime through 2028, and raises the cap on state-and-local tax deductions to $40,000 for five years. It also reallocates federal priorities by trimming roughly $1.2 trillion from Medicaid and food-assistance programs, terminating many clean-energy incentives, and authorising more than $46 billion for border-wall construction plus an additional $45 billion to expand immigrant detention capacity. The legislation lifts the federal debt ceiling by about $5 trillion.
Congress sent the bill to the president after razor-thin votes: 51–50 in the Senate, where Vice President JD Vance cast the deciding vote, and 218–214 in the House, with only two Republicans joining a unified Democratic bloc in opposition. Trump had pressed lawmakers to deliver the bill by Independence Day, making the deadline a public test of party discipline.
Supporters argue the law will spur economic growth and bolster national security, while the Congressional Budget Office estimates it will add roughly $3.3 trillion to federal debt over the next decade and leave about 11.8 million more Americans without Medicaid coverage. Democrats and several labour groups condemned the measure as a giveaway to the wealthy at the expense of lower-income households, signalling that the new law will feature prominently in the 2026 mid-term campaigns.
PRESIDENT TRUMP SIGNS “ONE BIG BEAUTIFUL BILL” INTO LAW
President Donald Trump officially signed the "One Big Beautiful Bill" into law during a Fourth of July ceremony at the White House, marking the enactment of sweeping tax cuts, social safety net changes, and increased
President Donald Trump signed his tax and spending cuts megabill into law during a Fourth of July event Friday at the White House. Just a day earlier, House Republicans pushed past a thin majority and weeks of tense negotiations to give final passage to the legislation before the
Donald Trump has officially signed the ‘One Big Beautiful Bill’ into law on Independence Day, a sweeping measure that extends tax cuts for the wealthy, restructures Medicaid and SNAP, boosts border and military funding, and raises the debt ceiling by several trillion dollars.
