WASHINGTON (AP) — President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic. He’s taking a victory lap after muscling his main legislative priority through the Republican-controlled Congress. Fighter jets and two stealth bombers streaked through the sky over the picnic. The legislation extends Trump’s 2017 multitrillion-dollar tax cuts and cuts Medicaid and food stamps by $1.2 trillion. It provides for a massive increase in immigration enforcement. Congress’ nonpartisan scorekeeper projects that nearly 12 million more people will lose health insurance under the law.
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