Trump signs' big and beautiful 'tax and spending bill

According to CCTV News, on July 4th local time, US President Trump signed the "Big and Beautiful" tax and spending bill into effect. On the afternoon of the 3rd, the US House of Representatives passed the "Big and Beautiful" bill pushed by President Trump with a vote of 218 in favor and 214 against. The bill has been controversial for causing cuts in federal aid, an increase in long-term debt, and tax cuts for the wealthy and large corporations. Two Republican congressmen voted against it on the same day. The bill was passed by the Senate on the 1st of this month.