Trump Signs Major Tax and Spending Bill Into Law

US President Donald Trump signed his flagship tax and spending bill into law at a grandiose White House Independence Day ceremony. Trump declared that America is 'winning, winning, winning like never before.' The bill, dubbed the 'One Big Beautiful Bill,' is poised to add $3.4 trillion to the US deficit over 10 years.

Trump played down criticism from Democrats that the legislation will slash social welfare programs, stating that 'You won’t even notice it.' The bill extends tax cuts, boosts military spending, and provides funding for Trump’s migrant deportation drive.

The signing ceremony included a stealth bomber fly-by and fighter jets. Trump's recent victories include a recent Iran-Israel ceasefire and US air strikes on Iran, which he described as 'flawless.'

The bill faced opposition within the Republican Party over concerns about increasing the national debt. Despite this, it passed in the House of Representatives and is expected to have significant impacts on health and welfare support programs.

According to the source: Dawn.