Economy
Trump Signs Explosive Bill into Law — Here’s What Millions Are About to Lose

U.S. President Donald Trump has officially signed his landmark policy bill into law, enacting sweeping tax cuts, massive defense spending, and a controversial crackdown on immigration just hours after a razor-thin congressional vote pushed it through.
The dramatic signing ceremony took place Friday afternoon on the White House South Lawn, set against the backdrop of military flyovers, Fourth of July celebrations, and a triumphant President flanked by top Republican allies.
The 870-page bill, hailed by Trump as a “historic win,” delivers on multiple promises from his 2024 campaign platform but not without sparking fierce national debate.
“This is the largest spending cut in American history,” Trump declared from the White House balcony.
“And yet, you won’t even notice it. The people are happy.”
But not everyone agrees.
What’s Inside the Bill
The legislation cements several core elements of Trump’s policy vision.
It includes the extension of his signature 2017 tax cuts, new tax breaks on overtime pay, tips, and Social Security for seniors, and a staggering $150 billion boost in defense spending.
It also slashes billions from social safety nets most notably Medicaid and hands $100 billion to Immigration and Customs Enforcement (ICE) for expanded border operations.
In a symbolic touch, Trump signed the bill moments after a dramatic military fly-by featuring B-2 bombers the same model reportedly used in a recent strike on Iranian nuclear sites alongside F-22 and F-35 fighter jets.
Divided Congress, Divided Nation
The bill faced fierce opposition from Democrats and even some Republicans.
It passed the House by a razor-thin margin 218 to 214 after House Minority Leader Hakeem Jeffries delivered a nine-hour filibuster-style speech to delay the vote.
The Senate earlier approved the measure only after Vice President JD Vance cast a tiebreaking vote amid Republican holdouts.
Democrats slammed the bill as a handout to the wealthy at the expense of the poor.
“This is an extraordinary assault on the healthcare of the American people,” Jeffries warned, citing massive cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP).
CBO estimates suggest nearly 12 million Americans could lose Medicaid coverage within the next decade under the bill’s new work requirements and reduced funding.
Public Opinion Low, Awareness Lower
Public sentiment around the bill remains sharply divided.
A Quinnipiac poll conducted before passage showed only 29% of Americans supported the bill, with approval among Republicans hitting two-thirds.
Among independents and Democrats, support plunged to single digits.
Yet, many Americans remain unaware of what’s in the law.
At Trump’s rally in Iowa on Thursday night hours after the House vote several attendees told reporters they didn’t know the bill had passed or what it contained.
Real Americans, Real Impact
For Jordan, a 26-year-old father of two who receives $700 monthly in SNAP benefits, the bill’s impact could be devastating.
“If they cut our food help, I’ll have to get another job,” he said. “I’ll do whatever it takes to feed my family.”
Republicans defend the cuts, arguing they will reduce fraud and encourage work. But analysts say the budget deficit could still balloon.
The Congressional Budget Office projects short-term gains may be wiped out by longer-term debt expansion, particularly from the costly tax breaks and defense spending hikes.
Trump’s Gamble
With the 2026 midterms on the horizon and the nation preparing for America’s 250th anniversary, Trump is betting big that this policy overhaul will fuel growth and win over voters.
“There could be no better birthday gift for America than what we achieved today,” Trump told supporters in Iowa.
Only time will tell whether this gamble pays off or backfires at the ballot box.
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