President Trump celebrated a big victory for his second term on Friday, signing his budget plan formally called the “Big, Beautiful Bill” at the White House.

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.

As the Republican reconciliation bill barrels toward final passage in Congress, the Trump White House is misrepresenting the measure's tax provisions in an attempt to paint the unpopular legislation as a boon for workers and ordinary seniors rather than a massive handout to the wealthiest Americans.