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Trump's July 4 fireworks: One Big, Beautiful Bill signed - Here's what it means

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President Trump signed the "big, beautiful bill" into law, extending the 2017 tax cuts and increasing funding for border security. The legislation, passed with narrow margins in both the House and Senate, also includes major reductions in Medicaid spending and changes to SNAP benefits. It raises the debt ceiling and increases the state and local tax deduction temporarily.
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