The legislation increases the federal excise tax reimbursement on rum imported from Puerto Rico, imposes new limits on full access to Pell grants and restricts the island’s access to the opportunity z

President Donald Trump is slated to use the White House's Fourth of July celebrations as the backdrop for his final victory lap over his massive spending bill.

After delivering a speech highlighting the destruction of Iranian nuclear facilities, his supporters in Congress and elements of the “Big Beautiful Bill”, President Trump signed his first legislative victory of his second term. He could be heard saying “this is a good one” as he signed, just before he was gifted a gavel.