Washington DC, July 5 -- Washington [US], July 4 (ANI): US President Donald Trump on Friday (local time) signed 'One Big Beautiful Bill' into law, which includes tax cuts and funding boost for the Pentagon and border security.

The bill marks a key legislative victory for Trump's administration after months of negotiations with Republican lawmakers, The Hill reported.

Trump signed the bill during a military family picnic at the White House on US Independence Day. The administration had aimed to have the legislation finalized by July 4, The Hill reported.

"We made promises, and it's really promises made, promises kept, and we've kept them," Trump said from the balcony overlooking the South Lawn. "This is a triumph of democracy on the bir...