One Big Beautiful Bill Pairs Large Tax Cuts with Safety-Net Reductions

Trump signed a major tax-and-spending law, sometimes referred to as the "One Big Beautiful Bill," which extended existing tax cuts, increased immigration-enforcement and defense funding, and reduced projected spending on Medicaid and food-assistance programs.

The law's combination of tax reductions with safety-net cuts drew sharply divided reactions: supporters emphasized economic growth and expanded border-enforcement resources, while opponents warned of larger federal deficits and reduced health-coverage and nutrition-assistance benefits for lower-income households.

The bill was signed into law and took effect as enacted.