Trump Speech LIVE: U.S President HUGE Announcement On Cam; World Goes In Shock | Trump Latest News
President Trump signed into law a sweeping congressional bill that combined major tax cuts with changes to federal spending on July 30, 2025. The legislation expanded the child tax credit, raised estate tax exemptions, and created new “Trump Accounts” for children, while also cutting or restructuring funding for programs such as SNAP, Medicaid, and clean energy incentives. Supporters hailed it as a pro-growth, pro-family victory that would put more money back in Americans’ pockets, while critics warned it would worsen inequality and strip resources from vulnerable communities.
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