US President Donald Trump has signed a proposed large tax cut and spending bill. On Friday (July 4), he signed the bill at the White House, making it law. The signing took place during an event organized to mark US Independence Day on July 4, which effectively turned into a political rally for Trump, according to British news agency Reuters.
Military jet planes were flown at the event, attended by hundreds of Trump supporters. The day before the signing, the Republican-controlled House narrowly passed this major legislation of Trump’s second term, with 218 votes in favor and 214 against.
The bill will fund Trump’s immigration crackdown. It is an expanded version of the tax cuts Trump enacted during his first term in 2017, as it makes those 2017 tax cuts permanent. It is estimated that millions of Americans will lose health insurance as a result. Moreover, the bill will increase the US national debt by an additional $3.3 trillion.
At the event, Trump said, “I have never seen people in our country so happy. This benefits all kinds of people: the military, civilians, and workers from various sectors.”
He thanked House Speaker Mike Johnson and Senate Majority Leader John Thune, saying, “You have delivered the biggest tax cut in history. The biggest spending cut, and the largest investment in border security in US history.”
Trump scheduled the signing ceremony for July 4, Independence Day, on the South Lawn of the White House. The event featured flyovers by stealth bombers and fighter jets — the same aircraft that recently took part in US strikes on Iran’s nuclear facilities. Hundreds of Trump supporters attended, including White House staffers, members of Congress, and military families.
In a speech, Trump made self-congratulatory claims about America’s “revival” before signing the bill. He then posed for photos with Republican congressional leaders and his cabinet members and walked among the crowd of jubilant supporters.
The bill’s passage represents a major victory for Trump and his Republican allies, who argue it will help boost economic growth.
Although some Republican lawmakers expressed concerns over the bill’s spending and its negative impact on healthcare programs, in the end, only two of the 220 Republican members of the House voted against it, with the rest supporting it. All 212 Democrats voted against the bill.
Amid heated debate over the bill, House Democratic Leader Hakeem Jeffries delivered the longest speech in House history — 8 hours and 46 minutes. In his speech, he called the bill a “gift” for the wealthy, arguing that it would strip low-income Americans of health insurance and food assistance.
Democratic National Committee Chair Ken Martin said the law would harm Republicans in the 2026 congressional elections.
He said, “Today, Donald Trump has sealed the fate of the Republican Party — this party now stands only with billionaires and special interest groups, not with ordinary working families.”
He added that the law would haunt Republicans for years to come. “This was a complete betrayal of the American people. We warn Republicans: you will lose your majority.”
