The president's sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S. to lose their health coverage and food aid over the next decade.

President Donald Trump will be celebrating the Fourth of July by signing his massive spending bill that narrowly passed in Congress this week.

Trump signed the multitrillion-dollar legislation outside the White House, and then banged down the gavel that House Speaker Mike Johnson gifted him that was used during the bill’s final passage Thursday.

Government offices, post offices, courts, and schools are closed for the Fourth of July in the U.S. U.S. stock markets and banks are also closed, with limited FedEx and UPS services

As Americans celebrate 249 years of independence with fireworks and barbecues, many businesses will be closed for the day.