‘Biggest bill ever signed’: How ‘beautiful’ is Trump’s mega bill – and for whom

House Republicans passed the ‘ONE BIG BEAUTIFUL BILL,’ securing President Trump’s signature on July 4. The legislation makes permanent $4.5 trillion in tax cuts, introduces new tax breaks, and enacts $1.2 trillion in spending cuts targeting Medicaid and food stamps. It also allocates $350 billion for border security and raises the national debt ceiling by $5 trillion.