President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

President Donald Trump on Friday signed into law his sweeping tax cut and spending package, what he’s called the “big, beautiful bill,” in a Fourth of July ceremony packaged with patriotic pomp and symbolism.

U.S. President Donald Trump signed into law a massive package of tax and spending cuts in a ceremony at the White House on Friday, one day after the Republican-controlled House of Representatives narrowly approved the signature legislation of Trump's second term.

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration.

ABC News’ Senior Political Correspondent Rachel Scott reports on the impacts of the GOP’s “big, beautiful bill.”

Independence Day legislation includes permanent full expensing for new and used aircraft used in business operations

The impact of the massive spending bill President Donald Trump signed into law on Independence Day is expected to filter down to infants and toddlers — a segment of the population that's particularly vulnerable to cuts to the federal social safety net.

Trump signs sweeping tax and spending bill into law. 6 days ago. Share Save. Bernd Debusmann Jr. BBC News, at the White House. Share Save. Anthony Zurcher: Passage of megabill is big win for Trump.

WASHINGTON, July 4 (Reuters) - U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.