On Friday, President Donald Trump signed a sweeping tax and spending bill into law during a July 4 picnic at the White House, touting it as a historic win, even as the Congressional Budget Office projects it will significantly widen the federal deficit and leave millions uninsured.
What Happened: Flanked by Republican lawmakers and Cabinet members, Trump signed the multitrillion-dollar package on the White House driveway, using a ceremonial gavel gifted by House Speaker Mike Johnson (R-La.), reported the Associated Press.
