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Trump Signs His Tax-and-Spend Bill at White House Ceremony
News July 04, 2025 at 06:44 PM
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What You Need To Know
- He signed the bill into law Friday, enshrining an extension of tax cuts and steep cuts to some health programs.
- The package’s $4.5 trillion in tax cuts were partly offset by spending reductions.
- Nearly $1 trillion would be cut from Medicaid by imposing a new work requirement.
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