President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic. He’s taking a victory lap

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.

President Trump brought pomp and circumstance to his signing of the "big, beautiful bill" on Friday, with an Independence Day ceremony at the White House that included a B-2 bomber flyover. Some Republican members of Congress who voted to pass the legislation attended the event in which the president put his signature on his sweeping domestic policy bill.