Independence Day victory: Trump signs ‘Big, Beautiful Bill’—slashes taxes and boosts oil, gas and defense
By Brett Samuels | The Hill
President Trump on Friday signed a massive reconciliation package that will extend tax cuts and phase-in cuts to Medicaid, finalizing a significant legislative victory for his administration after months of difficult negotiations with Republicans on Capitol Hill.
Trump signed the one big, beautiful bill into law at a military family picnic at the White House for the Fourth of July. Trump and his aides had long pegged Independence Day as a deadline for when they hoped to see the legislation on his desk, a timeline that appeared in peril just days ago.
“We made promises, and it’s really promises made, promises kept, and we’ve kept them,” Trump said from the balcony overlooking the South Lawn of the White House. “This is a triumph of democracy on the birth...
