Trump's 'Big Beautiful Bill' contains roughly $4.5 trillion in tax cuts and solidified the tax cuts from Trump’s first term. The wealthiest families will enjoy a $12,000 increase at the cost of the poorest people having to pay an additional $1,

President Trump is expected to sign the so-called "big, beautiful bill" in a ceremony on Friday at the White House to coincide with the July 4 holiday.It comes after the House approved the measure on Thursday.

The president’s sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S. to lose their health coverage and food aid over the next decade.