President Trump triumphantly highlighted tax cuts in the legislation while downplaying cuts to Medicaid and other assistance for poor Americans.

It was a victorious moment for President Trump, signing his tax and spending bill during a White House July 4th celebration. Democrats are poised to highlight the bill in the upcoming midterm elections given its cuts to social safety net programs but Republicans are touting its tax cuts and funding for Trump’s immigration policies.

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 Trump signed a sweeping domestic policy bill into law on Friday, cementing a major political victory that was timed to take place during Independence Day celebrations. The government recently has ramped up immigration enforcement efforts in Iowa, a state that produces corn, soybeans, and pork.

R epublicans in the House of Representatives passed the “One Big Beautiful Bill,” the spending bill containing some of President Donald Trump’s signature policies,

President Donald Trump signed his mammoth domestic policy bill into law, securing a major legislative win by his July Fourth target date.