US President Donald Trump’s “Big Beautiful Bill” was signed into law on July 4. While it didn’t impose a moratorium on state-level artificial intelligence laws as anticipated, it did include a substantial 35% tax credit for semiconductor manufacturers.

Now that the tax and spending bill ahs been signed into law, how it will impact the finances of Americans is more clear.

President Trump signed his sweeping tax cut and spending package known as the ‘big, beautiful bill’ into law during a 4th of July celebration on Friday. The measure boosts defense and border wall