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Trump signs tax and spending cut bill at White House July 4 ceremony
WASHINGTON, D.C., JUL 4 – The bill permanently extends Trump-era tax cuts, cuts Medicaid and SNAP funding, and adds over $3 trillion to the national debt, amid narrow congressional approval and partisan opposition.
- President Trump signed the One Big Beautiful Bill Act, which makes the 2017 tax cuts permanent, expands certain tax credits/deductions, and creates tax breaks on tips and overtime.
- The bill boosts defense and border wall funding, and offsets costs by reforming Medicaid, SNAP, and clean energy incentives, leaving millions without health coverage or food assistance.
- It also eliminates popular student loan repayment plans, ends the Graduate PLUS loan program, caps Parent PLUS loans, and removes deferment for financial hardship.
806 Articles
806 Articles
Governor Armstrong: Signed federal tax and spending bill ‘so important for North Dakota’
Bismarck, N.D. – North Dakota Governor Kelly Armstrong is explaining why he supported final passage of the ‘big beautiful bill’, which included tax and spending cuts, that was signed into law by President Trump. “It’s so important for North Dakota,” Armstrong told The Flag on Wednesday. “If they didn’t do it, it would’ve been the largest tax hike in history.” Along with the extension of Trump’s tax cuts, Armstrong is also behind the eligibility…
Our Government - La Voz Colorado
White House President Donald J. Trump officially signed The One Big Beautiful Bill into law, legislation that makes good on his campaign promises. From extending the expiring tax cuts Trump enacted during his first term, to relief small businesses and funding for national security. The national debt is projected to increase by $3.3 trillion over the next decade. Colorado Governor Earlier this week, National Zoning Atlas released a first-of-its-…
Budget bill exposes both capitalist parties
It was a rare occasion. The headlines of the corporate media provided a succinct analysis of the U.S. mammoth budget bill that became law July 4. First, you had to hate Trump and all Republicans for pushing the bill through. The Qatar-owned Al Jazeera summed it up: “Donald Trump’s bill will
What’s in the tax and spending bill that Trump has signed into law - The Philadelphia Sunday Sun
President Donald Trump holds his signed his signature bill of tax breaks and spending cuts at the White House, Friday, July 4, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson) By Kevin Freking and Lisa Mascaro ASSOCIATED PRESS WASHINGTON — President Donald Trump on Friday signed the tax and spending cut bill Republicans muscled through Congress this week, turning it into law by his own self-imposed Fourth of July deadline. At nearly 900 p…
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