One Big Beautiful Bill Signed by Trump, Enshrining Tax Cuts

One Big Beautiful Bill Signed by Trump, Enshrining Tax Cuts



One Big Beautiful Bill Signed by Trump, Enshrining Tax Cuts

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.

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.


www.bloomberg.com
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