That’s because today (Friday, July 4), the US president is signing off his ‘big beautiful bill,’ which was passed in Congress on Thursday (July 3).
Representatives approved the bill with a 218-214 vote.
“There can be no better birthday for America than the phenomenal victory we achieved just hours ago when Congress passed the big, beautiful bill to make America great again,” Trump told crowds at a rally in Des Moines, Iowa.
The almost 1,000-page budget revamp is set to add some $3.4 trillion to the country’s national debt (which currently stands at $36.2 trillion) over the next decade.
Among other things, it’s set to deliver tax breaks Trump promised when he was running for president in 2024, while also cutting health and food safety programmes.Tech billionaire Elon Musk is among those speaking out against the bill. The pair’s partnership has been volatile following a series of fallings out.
