Trump signs tax and spending cut bill at White House July 4 ceremony
- President Donald Trump signed the One Big Beautiful Bill Act on July 4 at the White House South Lawn during a festive Independence Day event.
- Months-Long GOP effort culminated in party-line House passage; Senate approval via Vice President J.D. Vance’s tie-breaker; used reconciliation to meet the July 4 deadline.
- Over 300,000 Pennsylvanians are expected to lose Medicaid and about 150,000 may lose SNAP, as the bill cuts social programs by $1.2 trillion, prompting warnings from Democrats.
- With midterms approaching, Democrats plan rallies and voter drives, while the bill is expected to burden the GOP for years, making it a major 2026 election battleground.
652 Articles
652 Articles
Trump signs tax and spending bill: A ruling class celebration of dictatorship and austerity
The White House event Friday reflected the avid support for Trump’s bill in the ruling class, which sees it as a down payment for the shredding of all that remains of the social safety net, including Medicare and Social Security.
US President Trump signed the tax and expenditure law on Independence Day. Trump had pushed forward the proposal he called "big beautiful bill" for months.
He signed the "big, beautiful bill" surrounded by the festive Republicans, at the traditional picnic celebration of July 4 at the White House, while the B-2 fleet, the ones used to bomb Iranian nuclear sites, overwhelmed the skies of Washington. Then he left for a rally in Iowa, where in front of a crowd just as jubilant alluded to a cap of the MAGA, which says "Trump is right about everything," and explained: "It seems a bit presumptuous. But i…
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