Consumer spending on 2025 Fourth of July celebrations is expected to reach $8.9 billion, according to the National Retail Federation—a slight decrease from previous years, but still well above pre-pandemic level spending. Next year, taxpayers can expect to pay even more for Independence Day festivities, albeit indirectly.
On Friday, President Donald Trump signed the One Big Beautiful Bill Act into law. Tucked away in the sprawling 870-page tax and spending bill is a section that allocates $150 million for "events, celebrations, and activities surrounding the observance and commemoration of the 250th anniversary of the founding of the United States." The funding, which will be appropriated to the Interior Department, shall remain available through FY 2028.
Appropriately, Trump signed the bill—which is expected to add nearly $4 trillion to the national debt over the next decade—at a Fourth of July celebration on the White House South Lawn, complete with fireworks and a B-2 jet flyover.