President Trump signed the tax and spending legislation, known as the "big beautiful bill," into law on Friday, meeting a July 4 deadline. This is a significant achievement for Trump and congressional Republicans, reshaping federal fiscal policy for years to come. The bill cuts funding for social safety measures, extends tax cuts primarily benefiting the wealthy, and finances Trump's immigration agenda. Trump signed the bill during a highly staged White House Independence Day celebration, calling it "the greatest victory yet" despite polls showing it's deeply unpopular. The bill slashes food and health benefits for the poorest Americans, potentially leading to overcrowded emergency rooms, increased chronic health care issues, and medical debt. It also boosts funding for immigration enforcement, allowing the administration to double immigrant detention capacity and hire more personnel. Republicans plan to message their legislative victory by branding Democrats' opposition as voting to raise taxes on small businesses and American families. Democrats, on the other hand, will make their opposition to the bill a centerpiece of their strategy for taking back the House in 2026. The bill has been met with disapproval from Americans, with polling showing widespread opposition throughout June. Overall, the legislation will have significant implications for federal fiscal policy and the lives of millions of Americans.
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