On Friday, U.S. President Donald Trump signed the landmark One Big Beautiful Bill into law during an outdoor ceremony at the White House. The bill narrowly passed the U.S. House of Representatives on July 3 with a 218-214 vote, reflecting deep divisions within Congress.
The legislation has sparked widespread debate across the country. Critics argue that it will cut federal aid programs, increase long-term national debt, and offer significant tax breaks to the wealthy and large corporations. They worry that these changes could widen the income gap and burden future generations.
Supporters of the bill, however, believe it will boost the economy by encouraging investment and job creation. They assert that reducing taxes for corporations and high-income individuals will stimulate economic growth, ultimately benefiting all citizens.
As the nation grapples with these opposing views, many are watching closely to see how the new law will impact the economy and society in the coming years.
