On Friday, President Trump added grandeur to the signing of the one big beautiful bill with an Independence Day event at the White House, featuring a B-2 bomber flyby.
Certain Republican Congress members who voted for the bill were present at the ceremony where the president signed his significant domestic policy legislation. They surrounded Mr. Trump, giving thumbs-ups as he signed the document.
Not all Republicans are satisfied with the final bill, but the president and Congress successfully passed it before their July Fourth deadline.
“What we’ve done is put everything into one bill,” Mr. Trump said. “I liked it because we had so much in there that no matter who you are, there was something in that bill that would make your congressman or your senator or your congresswoman, much more importantly, raise their hand and support it.”
In a press release to MyrtleBeachSC News, the White House posted:
Today, President Donald J. Trump officially signed The One Big Beautiful Bill into law — a once-in-a-generation piece of legislation that makes good on his campaign promises and puts America First.
Here’s what this means for everyday Americans:
Understanding the Impacts of the New Bill
- The largest tax cut in history for middle- and working-class Americans
- According to the Joint Committee on Taxation, the tax bill will most benefit workers and families making less than $50,000 per year.
- Bigger paychecks of $10,000+ more in annual take-home pay for families.
- NO tax on Tips.
- NO tax on Overtime.
- NO tax on Social Security.
- A $12.5 billion modernization of our air traffic control system.
- Permanently increasing the Child Tax Credit for more than 40 million families.
- Permanently securing our borders by finishing the border wall and hiring thousands of new ICE officers and Border Patrol agents.
- Driving down energy costs with a massive expansion of domestic oil and gas production capacity.
- A tax deduction on Made in America auto loan interest.
- Protection for two million family farms from punitive double taxation.
- Creating Trump Investment Accounts for every American newborn.
- Restoring fiscal sanity by cutting $1.5 trillion in spending.
- Strengthening Medicaid by eliminating waste, fraud, and abuse and blocking illegal immigrants from receiving Medicaid.
- Funding the Golden Dome missile defense system to confront 21st century threats.
- Modernizing our military to ensure that it has the resources to be a ready, lethal fighting force after four years of Biden-era weakness.
