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.

WATCH LIVE: President Trump expected to sign "Big Beautiful Bill" at Fourth of July picnic

President Donald Trump used the White House's Fourth of July celebrations as the backdrop for his final victory lap over his massive spending bill. The president signed the legislation, which will bring massive cuts to government benefits such as Medicaid and increase funding for immigration enforcement,