Sat Jul 05 01:30:10 UTC 2025: **Trump Signs Massive Tax and Spending Bill in July 4th Ceremony**
WASHINGTON – President Donald Trump signed a sweeping tax and spending bill into law on Friday during a celebratory ceremony at the White House on Independence Day. The event, resembling a political rally, featured military flyovers and a large crowd of Trump supporters.
The bill, passed by a narrow 218-214 vote in the House of Representatives, makes Trump’s 2017 tax cuts permanent, funds his immigration policies, and is projected to impact millions of Americans’ health insurance coverage. The bill also includes what President Trump described as “the largest border security investment in American history.”
“I’ve never seen people so happy in our country because of that, because so many different groups of people are being taken care of,” Trump said, thanking congressional leaders for their work in passing the legislation.
The bill’s passage marks a significant victory for the Trump administration and Republicans. While proponents claim it will stimulate economic growth, critics point to a nonpartisan analysis estimating that it will add over $3 trillion to the national debt.
The bill faced intense opposition, including an eight-hour-and-46-minute floor speech by House Democratic Leader Hakeem Jeffries, who denounced it as a handout to the wealthy that would harm low-income Americans. Democratic National Committee Chair Ken Martin predicted the law would negatively impact Republicans in future elections, accusing them of betraying working families.
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