President Trump Signs Landmark Domestic Policy Bill on Independence Day

President Donald Trump is set to sign the "One Big Beautiful Bill" on July 4, coinciding with Independence Day celebrations, marking a significant legislative victory early in his second term. The $4.5 trillion bill includes extensive tax cuts, increased federal spending on defense and border security, and reductions in funding for federal social programs, reflecting many of Trump's key priorities. Despite a narrow 218-214 House vote and some Republican opposition, coordinated efforts by GOP leaders, including Speaker Mike Johnson, secured the bill's passage in both the House and Senate. The White House described the bill as the largest tax cut in American history, promising economic growth, enhanced border enforcement, and expanded tax credits, with the signing ceremony planned for a Fourth of July event attended by the President and First Lady Melania Trump. Administration officials hailed the bill as a defining achievement that will usher in a "Golden Age of America," emphasizing unity within the Republican Party and fulfilling campaign promises. The legislative success is seen as a major step toward reshaping the nation's tax and spending policies under Trump's administration.