Trump signs sweeping tax and spending bill into law

President Trump signs a sweeping tax and spending bill into law, following its narrow passage by Congress. The bill includes tax cuts, increased defense spending, and an immigration crackdown. There are concerns about its impact on the national debt, as well as criticism from Democrats about its perceived favoritism towards the wealthy. Key elements of the bill include extending tax cuts, cutting Medicaid spending, new tax breaks, and increased funding for defense and immigration enforcement.