Tuesday, July 29, 2025
Today’s News

Trump Enacts a Comprehensive Tax and Spending Plan

A day after Congress barely passed his historic policy measure, US President Donald Trump signed it into law. Key components of the Trump plan, including as tax cuts, increased defence spending, and the immigration crackdown, were enacted at the signing ceremony held at the White House on Friday afternoon.

Before Independence Day fireworks and a military picnic attended by the pilots who just went into Iran to target three nuclear facilities, there was a festive mood at the White House as Trump signed the law.

Trump assured supporters that it would spur economic development, but he now has to win over sceptical Americans because polls indicate that many people dislike several aspects of the law. A pair of B-2 bombers, the same type of aircraft that took part in the Iran operation, flew over just before the bill signing, flanked by extremely sophisticated F-35 and F-22 fighter planes.

Trump praised Republican senators who helped get the package to his desk during a speech from the White House balcony overlooking the South Lawn. He brushed off concerns of the bill’s impact on social programs like Medicaid and food assistance, praising the tax savings. You won’t even notice it,” he said of the law, referring to the most considerable budget decrease. “Everyone is content.

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Tuesday, July 29, 2025

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