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Trump signs tax and spending cut bill at White House July 4 ceremony
- President Donald Trump signed a tax and spending cut bill into law on July 4, supported by almost unanimous Republican backing in Congress.
- The legislation extends Trump’s 2017 tax cuts and cuts Medicaid and food stamps by $1.2 trillion, projected to affect 11.8 million people.
- Trump thanked Republican members of Congress during the signing, saying, 'What they did is incredible,' while criticizing Democrats for their opposition.
- Polls indicate that nearly 60% of Americans find it 'unacceptable' the bill will add over $3 trillion to the national debt of $36 trillion over the next decade.
324 Articles
324 Articles
Since his rise to power in 2016, Donald Trump is the head of the Republican Party. In fact, he maintains his name out of pure formality. It is Trump’s party, as it became clear, more than ever, after the assault on the Capitol in January 2021 and after his criminal charges of 2023. His bases were loyal to him, and his leaders had no choice but to go behind. That leadership experienced the biggest test of the last few years this week with the pro…
Trump Signs Bill With Cuts 'You Won't Even Notice'
Combining White House celebrations of Independence Day and his latest political victory, President Trump signed the legislative centerpiece of his second term's domestic policy into law on Friday. "The largest spending cut, and yet, you won't even notice it," Trump said during the ceremony, per the New York Times , adding,...
In July Fourth ceremony, Trump signs tax and spending bill into law
President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
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