Washington – President Donald Trump signed his tax and expenses cut package on Friday, which has called the “great and beautiful bill”, in a ceremony on July 4 packaged with patriotic pomp and symbolism.
The White House ceremony, which took place with a military picnic, included an elevated step of the Armed Forces and was treated by republican legislators, including the president of the House of Representatives, Mike Johnson, and the leader of the majority, Steve Scalise, both of Louisiana, who helped muscle the legislation through his chamber on Thursday by a margin of shaving.
“Our country has had a lot to celebrate this Independence Day as we enter our 249th year. The United States wins, win, win as never before,” Trump said before signing the bill.
“We have made Trump’s tax cuts permanent. That is the highest tax reduction in the history of our country,” he continued. “We are establishing all kinds of economic records at this time, and that is before this enters operation. After this is activated, our country will be a rocket ship, economically.”
The Senate approved the bill with a 51-50 vote on Tuesday, and vice president JD Vance needed to break the tie. That sent the bill to the Chamber, which approved it in a vote of the parties mostly of 218-214 on Thursday, only one day before the arbitrary deadline of Trump in the room of July.
When a band played in the national anthem, a B-2 Spirit bomber, accompanied by two F-35 aircraft, flew over the White House in honor of the United States strike in nuclear facilities in Iran last month. Trump invited the pilots who participated in those strikes, the operation Midnight Hammer, to the event.
Trump, the first lady Melania Trump and her guests were expected to see the annual celebration of fireworks of Independence on the National Shopping Center on Friday night. The president visited his Golf Club of Virginia earlier in the day.
The signing of the bill limited an exhausting months of months, during which the Chamber and the Senate were publicly discussed on whether the Republican Party should try to approve Trump’s internal policy priorities into a bill or divide them by two. Moderate and conservative Republicans also fought for how much federal programs of security networks should reduce: Medicaid and food aid (complementary nutritional assistance program or SNAP), as well as how much to increase the deduction limit in state and local taxes, or salt.
The gigantic package meets many of Trump’s 2024 campaign promises. It extends the expired tax cuts that it promulgated in its first mandate, in 2017, while temporarily reducing taxes on tips and payment of overtime and allow deductions in interest payments of loans for cars. It also includes hundreds of billions of dollars in new expenses in the Army and in carrying out Trump’s mass deportation plans.
The legislation is partially paid with steep cuts to Medicaid, Snap and clean energy financing.
And despite the conservative calls to address the debt and balloon deficit, it is projected that Trump’s law increases national debt at $ 3.3 billion in the next decade, according to the non -partisan Congress Budget office. The CBO also estimated that 11.8 million people could lose the health insurance coverage due to the medical cuts of the legislation and other provisions.
A series of recent surveys shows that Trump’s great bill is deeply unpopular. A recent survey at the University of Quinnipiac found that 53% of registered voters oppose the bill, while only 27% support it. And the Democrats, eager to recover the control of the camera and possibly from the Senate in 2026, are salivating the opportunity to make Trump’s bill a central campaign problem in the mid -period elections.
“Not even one thing in the big and ugly bill of Donald Trump will make life more affordable for everyday Americans, and that is just one of several reasons why the Democrats of the House of Representatives are not hell in this legislation,” said Thursday that the leader of the minority of the House of Representatives, Hakeem Jeffries, Dn.y. hours.
“We were hell not last week, a hell not this week, a hell not yesterday, a hell not today,” Democrats told the strident. “And it will remain hell in this effort to hurt the American people.”
Only one day after Congress approved the bill, Republicans have already begun to talk about making changes to the law. While promoting tax cuts and expenses in the package, Vance opened the door on Friday to change some of the policies in it.
Trump “makes a reform, sees how it develops, and is always willing to have a conversation to further improve things,” said the vice president, who played a key role in the Chamber and Senate negotiations this week, to journalists in North Dakota.
In the White House ceremony, the Republicans pushed for the position to be close to Trump for the opportunity to photography of invoices.
Among the senators available were the majority of the Senate, John Barraso, of Wyoming, the president of Finance, Mike Crapo de Idaho, and the budget president, Lindsey Graham of South Carolina. The members of the Chamber included the majority of the Dix Tom Emmer from Minnesota, the president of Ways and Medias, Jason Smith of Missouri, and the president of budget Jodey Arrington of Texas.
The speaker Johnson introduced Trump a gift in the firm: “This is the deck used to promulgate the great and beautiful invoice.”
