Trump’s 3.3-ton bill raises debt limit, adding

president Donald Trump On Friday, Thursday, the final version of the measure was passed to secure his own July 4 deadline, and he signed his $3.3 trillion “Big and Beautiful Bill” on Friday after passing the final version of the measure.

The bill includes key provisions that will permanently establish personal and commercial tax relief in Trump’s 2017 Tax Cuts and Employment Act and include new tax relief to reduce tariffs on tips and overtime pay.

The president said before signing the bill that it would “foster massive economic growth” and “boosting hard-working citizens who make the country run.”

“We have officially made Trump’s tax cut permanent,” Trump said. “This is the biggest tax cut in our history. … At the beginning of this, our country will be economically a rocket ship. We don’t tax tips, don’t tax overtime, and don’t have social security taxes for our great seniors. … This makes the child tax credit for 40 million American families permanent.

The measure also raised the debt limit by $5 trillion, a rule that has faced scrutiny from figures such as SpaceX and Tesla CEOs Elon Muskhe previously launched a war against wasted government spending in the government efficiency department.

Additionally, the bill revokes certain Biden-era green energy tax credits and allocates about $35.5 billion in defense and Trump’s massive expulsion initiatives to eliminate illegal immigrants from the United States

“Wind. This won’t work,” Trump said. “I’ll tell you that killing all the birds, except for destroying our fields and valleys, [and] Very weak and very expensive, [they are] All made in China. You know, I noticed something…all the windmills that China sent us…I have never seen a wind farm in China. ”

JD Vance prepares to win Trump’s landmark bill as Republicans finalize strategy

That’s the measure Research Institute Reformincluding new 80-hour work requirements for Medicaid recipients and expanded work requirements for supplemental nutrition assistance programs or SNAP.

Senate Senate Elizabeth MacDonough confirmed that Senate Elizabeth MacDonough confirmed that before Trump’s July 4 deadline, Senate Republicans were dispatched to reform and passed the measure on June 26, and determined that several Medicaid reforms were carried out in a comprehensive tax and domestic policy package, which did not comply with Senate regulations and must be removed.

Ultimately, the Senate passed the measure with a 51-50 profit on Tuesday. Susan Collins, Republican of Maine, Thom Tillis of North Carolina and Rand Paul of Kentucky all voted against the bill, asking Vice President JD Vance to step in and vote.

Tax cuts, job requirements and asylum fees: Here’s what the Senate version of the Trump bill

Senator Thom Tillis questioned Federal Reserve Chairman Jerome Powell’s titled “Semi-annual Monetary Policy Report to Congress” at a Senate Committee on Banking, Housing and Urban Affairs hearing. (Tom Williams/CQ-Roll Call, Inc, via Getty Images)

The legislation then returns to the House to delineate some differences in the version passed in both chambers of Congress.

On Wednesday night before the House passed, Vance raised calories for lawmakers to get the measure through the finish line, citing the measure that it could enhance border security.

“The biggest bill gives the president the resources and powers,” Vance said in a post about X on Wednesday.

“Congratulations to everyone. Sometimes I even doubt we will finish it by July 4! But now we have provided the resources needed to cut taxes and ensure the borders. The promise made, guaranteed to last!”

Trump also urged lawmakers to zero out the border regulations of the measure when the “large, beautiful event” was completed at the White House on June 26, and put the bill on “the most important border legislation to cross the floor of Congress.”

“This is the final codification of our agenda, very simple, this is the quote I have used very well over the past decade, but it may even make America great again before that,” Trump said at the event.

Other government officials also warned that failure to pass the bill would cause damage to the economy. For example, White House Administration and Budget Director Russell Vight told lawmakers in June that failing to pass the measure would result in a 60% tax rate hike for Americans and would trigger a recession.

Senate passes Trump’s “big and beautiful bill” after marathon

DN.Y. House Minority Leader Hakeem Jeffries spoke at a press conference at the Capitol in Washington on Thursday, March 6, 2025. (AP Photo/J. ScottApplewhite)

Meanwhile, no Democrats in any Congressional Chamber support the measure. House Minority Leader Hakeem Jeffries, DN.Y. The bill marked “brutal” on the floor that lasted for hours on Thursday pointed to Medicaid and snapshot reforms that suggest that reports would remove millions of beneficiaries from the program.

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“What is considered in a big and ugly bill is wrong. It’s dangerous, it’s cruel, and cruelty shouldn’t be an objective or legislative result of the legislation we consider in the U.S. House of Representatives.”

Fox News Liz Elkind contributed to this report.