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.
Read more: https://www.bloomberg.com/news/articles/2025-07-04/one-big-beautiful-bill-signed-by-trump-enshrining-tax-cuts
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