New Delhi: President Donald Trump signed into legislation a sweeping tax and spending invoice on Friday throughout a high-profile Independence Day occasion on the White Home, marking a significant legislative victory for his administration and a defining second of his second time period.
The ceremony, held on the South Garden and infused with the pageantry of army flyovers and cheering supporters, featured a fiery speech by Trump during which he touted the laws as a historic achievement. The occasion took on the tone of a marketing campaign rally, with stealth bombers and fighter jets hovering overhead and Trump flanked by Republican leaders and members of his Cupboard.
“I’ve by no means seen individuals so completely satisfied in our nation due to that as a result of so many various teams of persons are being taken care of: the army, civilians of every kind, jobs of every kind,” Trump declared.
“So you will have the most important tax reduce, the most important spending reduce, the most important border safety funding in American historical past.”
SIGNED. SEALED. DELIVERED.
President Trump’s One Large Stunning Invoice is now LAW — and the Golden Age has by no means felt higher. pic.twitter.com/t0q2DbZLz5
— The White Home (@WhiteHouse) July 4, 2025
The invoice, formally titled the American Renewal and Prosperity Act however dubbed “One Large Stunning Invoice” by Trump, was narrowly accredited by the Home of Representatives on Thursday in a 218–214 vote. It consists of provisions to make Trump’s 2017 tax cuts everlasting, slash funding for social security web applications together with Medicaid and meals help, and pour billions into border safety and immigration enforcement.
The laws additionally authorizes funding for a continued crackdown on undocumented immigration, whereas shifting main prices to state governments in areas like healthcare and housing.
BREAKING: President Trump Indicators One Large Stunning Invoice Into Legislation – MAKE AMERICA GREAT AGAIN! pic.twitter.com/xHpsiQJcaP
— The White Home (@WhiteHouse) July 4, 2025
Regardless of resistance from Democrats and a handful of Republicans, the invoice handed the GOP-controlled Home and Senate following intense negotiations. Solely two Home Republicans broke ranks and voted towards the measure, becoming a member of all 212 Democrats in opposition.
Critics say the invoice will strip hundreds of thousands of Individuals of healthcare and social companies whereas enriching the wealthiest. The nonpartisan Congressional Price range Workplace estimated the legislation may add over $3.3 trillion to the nationwide debt over the subsequent decade.
Democratic Nationwide Committee Chair Ken Martin denounced the laws, warning it could hang-out Republicans within the 2026 midterm elections.
“Right this moment, Donald Trump sealed the destiny of the Republican Occasion, cementing them because the celebration for billionaires and particular pursuits—not working households,” Martin stated in an announcement. “This was a full betrayal of the American individuals.”
Labor leaders echoed these issues. AFL-CIO President Liz Shuler stated the legislation would intestine protections for working households:
“It should rip well being care from 17 million employees to pay for large tax giveaways to the rich and large companies,” Shuler instructed reporters.
Jeffries’ Marathon Protest
In a dramatic second on the Home flooring, Democratic Chief Hakeem Jeffries staged a record-setting speech in protest of the invoice. Talking for 8 hours and 44 minutes, the longest steady tackle in Home historical past, Jeffries condemned the laws as “an immoral doc.”
“This reckless Republican funds is an immoral doc that may devastate communities and destroy lives,” Jeffries stated throughout his speech, which drew large consideration on social media and cable information.
Jeffries started talking shortly earlier than daybreak and didn’t yield the ground till midafternoon, energizing opposition efforts and delaying the ultimate vote till later that night.
A Defining Gamble
Whereas Trump and Republican leaders praised the invoice as a long-overdue reset of American financial priorities, analysts say the laws quantities to a major political gamble. Supporters argue it should spur job progress and scale back wasteful authorities spending, however critics warn of deepening inequality and long-term fiscal harm.
As fireworks lit up the sky over the Nationwide Mall Friday evening, the political fireworks on Capitol Hill had been removed from over.