US President Donald Trump signed the “One Big Beautiful Bill” into law on Friday during an Independence Day-themed ceremony at the White House, featuring a B-2 bomber flyover. The bill narrowly passed the House 218–214, with all Democrats and two Republicans opposing it, BBC reported.
The legislation includes major tax cuts, increased funding for the military and border security, and deep cuts to healthcare and food assistance programs. It is projected to add $3.3trn to the national debt.
Trump praised Senate Majority Leader John Thune and House Speaker Mike Johnson for their leadership, calling them “a team that is not going to be beat.” The White House called the bill a “victorious day” and a fulfillment of Trump’s core campaign promises, according to BBC.
