Trump’s ‘big, beautiful’ tax bill now a reality

Friday, 04 Jul, 2025
The landmark victory for Republicans comes just six months into President Donald Trump's second administration. (Graphic courtesy: The White House)

President Donald Trump declared he has "more power now" in his second term, citing the major legislative win.

Washington: After hectic parleys, the House of Representatives has passed President Donald Trump’s multi-trillion-dollar tax and spending bill, clearing the final hurdle just in time for the July Fourth deadline.

The White House confirmed that the US President was set to sign his sweeping domestic policy bill on Friday evening as he celebrates the Fourth of July, the country's Independence Day.

The bill "will be at the president's desk for signature at a big, beautiful signing tomorrow at 5 pm on the Fourth of July, just as the president always said and hoped it would be," Press Secretary Karoline Leavitt said in a call with reporters.

President Trump praised House Majority Whip Tom Emmer after Congress passed the president’s sweeping domestic policy bill, saying Emmer was “instrumental” in getting the legislation through the conference.

“Minnesota: You have a GREAT Congressman in Tom Emmer,” Trump posted on Truth Social. “He is a fantastic guy with a fabulous wife, Jacqueline, and family. Thank you to Tom Emmer and family!”

Earlier on the tarmac before departing for Iowa, Trump also praised Senate Majority Leader John Thune for doing “a fantastic job.” Shortly after, Trump also praised House Majority Leader Steve Scalise.

“He fought hard to help us secure the Votes for the ‘ONE BIG BEAUTIFUL BILL ACT’ — A HISTORIC WIN for our Country. Steve is a WARRIOR. Thank you to Steve, Jennifer, and the entire Scalise family!” Trump posted on Truth Social as he makes his way to Iowa.

Trump also said that getting the final holdouts on his agenda bill to vote “yes” was “very easy” and “not hard” before taking off to Iowa.

House Minority Leader Hakeem Jeffries broke the modern-day record for longest House floor speech, using his “magic minute” to speak for hours against the bill and drawing out debate on the package. Republican lawmakers have handed President Trump the first major legislative achievement of his second term, following a fierce arm-twisting campaign by GOP leaders to unite the party behind his sweeping domestic agenda.

The landmark victory for Republicans comes just six months into Trump's second administration – a rapid timeline that appeared in question up until the final vote.

The President and his Capitol Hill allies ratcheted up pressure on party holdouts in recent days, arguing the package will help cement Trump's legacy on issues like immigration and tax policy, including making key campaign promises a reality -- while attempting to rein in spending with historic cuts to federal support for the social safety net.

The multi-trillion-dollar bill is set to unlock tax cuts and funding boosts for national security, partly paid for by the largest cut to the federal safety net in decades.