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Trump signs signature tax-cut and spending bill into law

Trump signs signature tax-cut and spending bill into law

US 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.
The bill, which will fund Trump's immigration crackdown, make his 2017 tax cuts permanent, and is expected to knock millions of Americans off health insurance, was passed with a 218-214 vote after an emotional debate on the House floor.
'I've never seen people so happy in our country because of that, because so many different groups of people are being taken care of: the military, civilians of all types, jobs of all types,' Trump said at the ceremony, thanking House Speaker Mike Johnson and Senate Majority Leader John Thune for leading the bill through the two houses of Congress.
'So you have the biggest tax cut, the biggest spending cut, the largest border security investment in American history,' Trump said.
US President Donald Trump presents a sweeping spending and tax legislation after he signed it at the White House on Friday. Photo: Reuters
Trump scheduled the ceremony on the South Lawn of the White House for the July 4 Independence Day holiday, replete with a flyover by stealth bombers and fighter aircraft like those that took part in the recent US strikes on nuclear facilities in Iran.
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