U.S. President Donald Trump signed his landmark “One Big, Beautiful Bill” into law on Friday, calling it a "triumph of democracy" during a Fourth of July ceremony at the White House.
The 870-page legislation delivers key parts of his second-term agenda, including permanent tax cuts, increased defence spending, and sweeping changes to healthcare and immigration policy.
Passed by Congress in a narrow 218–214 vote a day earlier, the bill permanently extends the 2017 tax cuts and introduces new breaks on tipped income, overtime, and Social Security. It also slashes Medicaid funding, boosts defence spending by $150 billion, and rolls back clean energy tax credits introduced under the Biden administration.
The law allocates $100 billion in new funding for Immigration and Customs Enforcement (ICE), part of Trump’s ongoing crackdown on illegal immigration. Speaking to military families at the signing, Trump said the bill would “fuel massive economic growth” and “lift up hardworking citizens,” declaring, “The Golden Age of America is upon us.”
He promoted the bill as a “historic win for American families” during a campaign rally in Iowa on Thursday, promising it would transform the economy into a “rocketship.”
Despite concerns about the bill’s cost—estimated to add $3.4 trillion to the national debt—the White House says it reflects Trump’s long-standing policy goals and vision for the country.
A second aid ship carrying 10,080 tents provided by Turkey’s Disaster and Emergency Management Authority (AFAD) has departed from Mersin Internation...
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal...
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainia...
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined d...
Italy is awaiting a ruling from UNESCO that could officially place its cuisine on the Intangible Cultural Heritage list, a recognition that would high...
A second aid ship carrying 10,080 tents provided by Turkey’s Disaster and Emergency Management Authority (AFAD) has departed from Mersin International Port to help address the shelter needs in Sudan, where a humanitarian crisis is ongoing.
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined documents outlining a potential peace plan.
Around 20 people have died after a major fire tore through a seven-storey office building in Indonesia capital Jakarta on Tuesday.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Russia has welcomed U.S. President Donald Trump’s new National Security Strategy, calling it largely consistent with Moscow’s own vision, as Washington pushes forward with efforts to broker an end to the war in Ukraine.
A group of demonstrators gathered outside the Norwegian Nobel Institute to protest the awarding of this year’s Nobel Peace Prize.
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal
U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that he had discussed U.S. sanctions on Russian oil giants Lukoil and Rosneft with Ukrainian Prime Minister Yulia Svyrydenko.
Ukrainian President Volodymyr Zelenskyy has said that his country and European partners will soon be ready to present the United States with refined documents outlining a potential peace plan.
The United States Senate is set to vote on Thursday on a Republican-backed plan aimed at addressing expiring Affordable Care Act (ACA) subsidies, Senate Majority Leader John Thune announced on Tuesday.
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