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कोशिश गोल्ड - मुक्त

Trump signs his tax-and-spend bill at White House ceremony

Hindustan Times Navi Mumbai

|

July 06, 2025

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

- Bloomberg

Trump signs his tax-and-spend bill at White House ceremony

The package encompasses a suite of priorities Trump campaigned on in 2024 - and its enactment at a White House ceremony represents a major political victory for the president whose second term was marked until now by executive rather than legislative action.

The legislative milestone reinforces Trump’s grip on the Republican Party, whose Capitol Hill leaders muscled the bill through the House and Senate this week. To reach his July 4 target date, Trump worked the phones and summoned some lawmakers to the White House in a pressure campaign to win over key holdouts. “It’s really promises made, promises kept,” Trump said before signing the measure at an outdoor ceremony preceded by an Air Force flyover. After citing what he said were his efforts to restore American strength on the world stage, he called the bill “the biggest victory yet.”

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