Trump signed the historic budget law: the largest tax cut in the country

With fireworks over the White House, a B-2 bomber flying across the sky, and the heroes of the offensive against Iran as guests of honor, President Donald J. Trump signed his "great and beautiful" budget bill this Thursday. This is the first legislative victory of his second term and, without a doubt, one of the most resounding political achievements in the modern history of the country.

The law, passed in a close vote (218 to 214 in the House of Representatives), represents a $4.5 trillion package in tax cuts, drastic reductions in public spending, and deep immigration and social reforms. The signing of the document deliberately coincided with the 250th anniversary of American independence, in a clear attempt by Trump to connect his leadership with the nation's founding values.

"Together we will celebrate our nation's independence and the beginning of our new golden era," Trump anticipated on Truth Social, hours before signing the law that will redefine the federal government.

Among the most notable measures of the legislation are:

The largest tax cut in history, aimed at strengthening private investment and employment.

The reduction of social programs inherited from the New Deal and the Great Society, including Medicaid and food assistance, to contain the deficit.

The authorization to deport millions of illegal immigrants, in line with the principle of "law and order."

The completion of the border wall with Mexico, a long-delayed symbol of sovereignty.

The July 4th event was carefully designed as a demonstration of power and purpose. Fighter jets flew over Washington, and the pilots who led the surgical strikes against three Iranian nuclear facilities were applauded in the gardens of the White House. The convergence of national independence and legislative victory consolidated the message of Republican renewal.

The approval of the bill was not easy. The Senate had passed it on July 1 by an equally narrow margin. The pressure exerted by the White House was decisive for the Lower House to support the initiative on the 3rd. Even figures traditionally close to the president expressed their opposition, but Trump remained firm.

Trump celebrated enthusiastically: "There is no better birthday gift for the United States than the phenomenal victory we achieved just a few hours ago when Congress passed the magnificent bill to Make America Great Again."

Democrats, in an early campaign strategy ahead of the 2026 midterms, seek to capitalize on discontent over social cuts and accuse Trump of carrying out a "regressive redistribution of wealth."

Nevertheless, the Republican leader has the wind at his back. He has a majority in both chambers, and a Supreme Court that responds to him thanks to the conservative appointments made during his first term. Added to this are a series of recent successes that strengthen his image as an effective and determined leader:

A ceasefire between Iran and Israel, following American attacks.

An agreement in NATO to raise defense spending to 5% of GDP in all member countries.

A key Supreme Court ruling that strengthens the power of the Executive.