Is America Entering a New Golden Age with Trump's 'One Big Beautiful Bill'?

Synopsis
Key Takeaways
- Landmark legislation approved by the House of Representatives.
- Largest middle-class tax cut in American history.
- Focus on permanent border security.
- Increased funding for the military.
- Expected to spark an economic boom.
Washington, July 4 (NationPress) US President Donald Trump celebrated the approval of the One Big Beautiful Bill, calling it the dawn of America’s “new Golden Age,” and announced a signing event at the White House on Friday evening.
“The Republicans in the House of Representatives have just passed the ONE BIG BEAUTIFUL BILL ACT. Our Party is more united than ever, and our Country is “hot.” We are set to have a Signing Celebration at the White House tomorrow at 4 P.M. EST. All members of Congress are invited. Together, we will commemorate our Nation’s Independence and the start of our new Golden Age,” Trump posted on Truth Social.
“The citizens of the United States will be Richer, Safer, and Prouder than ever before. A big thank you to Speaker of the House Mike Johnson, Senate Majority Leader John Thune, and all the incredible Republican Members of Congress who helped us fulfill our promises and much more. Together, we can achieve things that were unimaginable less than a year ago. We will continue to work and win – congratulations America!,” he added.
As per the White House, the House of Representatives has passed the One Big Beautiful Bill, marking the final approval of President Trump’s pivotal legislation in what is being termed the “largest legislative victory of President Trump’s two terms.”
“President Trump’s One Big, Beautiful Bill fulfills the commonsense agenda that nearly 80 million Americans voted for – the largest tax reduction for the middle class in history, lasting border security, substantial military funding, and a return to fiscal sanity. The pro-growth strategies embedded in this historic legislation are destined to ignite an economic surge like never before. President Trump is eager to sign the One Big, Beautiful Bill into law and officially herald the Golden Age of America,” stated White House Press Secretary Karoline Leavitt.
On Thursday afternoon, House Republicans voted to endorse Trump’s extensive package of tax cuts and federal spending reductions, as well as funding increases for the Pentagon and border security, paving the way for the Bill to be forwarded to the White House for Trump’s signature. Earlier in the week, the Senate had already passed the bill.
This monumental success for Republicans occurs just six months into Trump’s second administration—a quick pace that seemed uncertain until the final vote.