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President Trump Signs Historic “One Big, Beautiful Bill” Delivering Major Tax Cuts and Medicaid Reforms

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the staff of the Ridgewood blog

WASHINGTON, D.C. – July 5, 2025 — In a significant legislative win just in time for Independence Day, President Donald J. Trump signed into law the much-anticipated “One Big, Beautiful Bill”, a sweeping reconciliation package that delivers the largest middle-class tax cuts in U.S. history, introduces Medicaid reforms, bolsters border security, and fuels an ambitious economic growth agenda.

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