Washington DC, July 5: Washington [US], July 4 (ANI): US President Donald Trump on Friday (local time) signed 'One Big Beautiful Bill' into law, which includes tax cuts and funding boost for the Pentagon and border security. The bill marks a key legislative victory for Trump's administration after months of negotiations with Republican lawmakers, The Hill reported.

Trump signed the bill during a military family picnic at the White House on US Independence Day. The administration had aimed to have the legislation finalized by July 4, The Hill reported. Big Beautiful Bill: Donald Trump Plans to Sign His Tax, Spending Cut Bill at White House July 4 Picnic.

Donald Trump Signs ‘Big Beautiful Bill’ Into Law

"We made promises, and it's really promises made, promises kept, and we've kept them," Trump said from the balcony overlooking the South Lawn. "This is a triumph of democracy on the birthday of democracy. And I have to say, the people are happy."

The signing ceremony was attended by First Lady Melania Trump, members of the Cabinet, and several Republican lawmakers, including Speaker Mike Johnson, House Majority Leader Steve Scalise, House Majority Whip Tom Emmer, and Rep. Jason Smith, The Hill reported. The event also featured a flypast of two B-2 bombers, the same type of aircraft used in last month's strikes on Iranian nuclear facilities. Donald Trump Hails Passage of ‘One Big Beautiful Bill’ in US House Says, ‘This Is Beginning of America’s New Golden Age’.

'One Big Beautiful Bill' was passed with a final vote of 218-214 in the House of Representatives on Thursday, with two Republicans, Representative Thomas Massie and Brian Fitzpatrick, voting against it, The Hill reported.

Donald Trump had expressed his elation after the passing of the bill, saying, "The Republicans in the House of Representatives have just passed the 'ONE BIG BEAUTIFUL BILL ACT." Our Party is UNITED like never before, and our Country is "HOT." The bill was passed in the US Senate on Tuesday with a 51-50 vote, with Vice-President JD Vance casting the tie-breaking vote.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)