President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary new breaks for tipped workers and funding to crack down on illegal immigration.

Against odds that at times seemed improbable, the president achieved his goal of celebrating a historic — and divisive — legislative victory in time for the nation's birthday, which also was his self-imposed deadline for Congress to send the legislation to his desk.

A new analysis from the White House is projecting that the Senate version of the One Big Beautiful Bill Act could lead to a $2.1 to $2.3 trillion worth of deficit reduction over the next decade,