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President Donald Trump is using a significant wave of momentum after he signed his $3.3 trillion “huge, stunning invoice” Friday – a closing notch in a collection of wins for his administration in current weeks.
The invoice’s passage comes on the heels of different vital victories for his administration, together with a Supreme Courtroom ruling in his favor and profitable strikes in opposition to Iranian nuclear amenities.
“President Trump has delivered extra wins for the American folks in two weeks than most Presidents do in 4 years,” White Home press secretary Karoline Leavitt stated in a Thursday assertion to Fox Information Digital. “This has been probably the most historic two weeks of any Administration in historical past. Because of President Trump, America is again and is the most popular nation on the planet!”
The tax and home coverage invoice arrived on his desk after the Home handed the ultimate model of the measure Thursday – assembly Trump’s self-imposed Fourth of July deadline to get the measure over the end line.
President Donald Trump is using a significant wave of momentum after he signed his $3.3 trillion “huge, stunning invoice” on July 4, 2025. ( Bonnie Money/UPI/Bloomberg by way of Getty Pictures)
The invoice consists of key provisions that might completely set up particular person and enterprise tax breaks included in Trump’s 2017 Tax Cuts and Jobs Act, and incorporates new tax deductions to chop duties on ideas and extra time pay.
The measure additionally raises the debt restrict by $5 trillion – a provision that has confronted scrutiny from figures comparable to SpaceX and Tesla CEO Elon Musk.
Moreover, the invoice rescinds sure Biden-era inexperienced power tax credit, and allocates roughly $350 billion for protection and Trump’s mass deportation initiative to weed out unlawful immigrants from the U.S.
The measure additionally institutes Medicaid reforms, together with new 80-hour-a-month work necessities for Medicaid recipients, and expands work necessities for these on the Supplemental Diet Help Program, or SNAP.
Listed below are another current occasions which have gone within the Trump administration’s favor:
US strikes on Iran
The U.S. launched strikes June 21 concentrating on key Iranian nuclear amenities, which concerned greater than 125 U.S. plane, in accordance with Gen. Dan Caine, chairman of the Joint Chiefs of Employees.
Following the strikes, Trump stated in an handle to the nation that the mission left the nuclear websites “fully and completely obliterated,” and Caine stated that preliminary battle harm assessments steered “all three websites sustained extraordinarily extreme harm and destruction.”
Nonetheless, Caine acknowledged {that a} closing evaluation would “take a while.”
TRUMP ADMINISTRATION TAKES ON NEW BATTLE SHUTTING DOWN INITIAL IRAN STRIKE ASSESSMENTS
President Donald Trump stated that after strikes in opposition to Iranian nuclear websites, Iran’s nuclear enrichment installations have been “obliterated.” (Fox Information)
However days later, a leaked report from the Protection Intelligence Company, printed by CNN and the New York Instances, solid doubt on these claims, saying that the strikes had solely set again Iran’s nuclear program by a number of months.
Nevertheless, the Pentagon stated Wednesday that inside intelligence assessments point out the strikes set again Iran’s nuclear program by one or two years.
“Now we have degraded their program by one to 2 years, at the least intel assessments contained in the Division (of Protection) assess that,” Protection Division spokesman Sean Parnell instructed reporters Wednesday.
Supreme Courtroom ruling on nationwide injunctions
The Supreme Courtroom dominated, 6–3, to dam the decrease courts from issuing common injunctions on June 27. A number of government orders Trump has signed throughout his second administration have been tied up within the courts because of nationwide injunctions, together with his ban on birthright citizenship.
TRUMP CELEBRATES SUPREME COURT LIMITS ON ‘COLOSSAL ABUSE OF POWER’ BY FEDERAL JUDGES
The Supreme Courtroom dominated that decrease courts may solely difficulty nationwide injunctions in restricted situations on June 27, 2025. (J. Scott Applewhite, File/The Related Pres)
The Supreme Courtroom’s ruling implies that decrease courts are solely permitted to difficulty broad injunctions in restricted circumstances, which Trump stated would forestall a “colossal abuse of energy.”
“I used to be elected on a historic mandate, however in current months, we have seen a handful of radical left judges successfully attempt to overrule the rightful powers of the president to cease the American folks from getting the insurance policies that they voted for in report numbers,” Trump stated on June 27.
Paramount World agrees to settlement
CBS Information’ guardian firm, Paramount World, Tuesday agreed to a $16 million settlement with Trump, stemming from a lawsuit Trump filed in opposition to CBS in October 2024 associated to a “60 Minutes” interview along with his opponent within the 2024 election, Vice President Kamala Harris.
CBS BLASTS TRUMP’S LAWSUIT AS ‘MERITLESS’ DESPITE RECENT $15 MILLION SETTLEMENT OFFER
Within the lawsuit, Trump alleged that CBS deceptively edited the interview with Harris when requested about why Israeli Prime Minister Benjamin Netanyahu wasn’t “listening” to the Biden administration. Whereas the phase aired one reply from Harris throughout a primetime particular on the community, a much less polished reply had beforehand appeared in a preview clip of the interview.
The cash from the settlement is not going to go to Trump himself, however somewhat, towards his future presidential library and to cowl the plaintiffs’ charges and prices. CBS stated it labored with a mediator to achieve the settlement settlement and that Paramount is not going to difficulty an apology.
