July 4, 2025
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1:06Now PlayingPresident 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. The package represents a major political victory for Trump, reinforcing his grip on the Republican Party, and was passed despite narrow margins, unified opposition from congressional Democrats, and objections from fiscal conservatives and moderates.
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