Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for defense and immigration enforcement, delivering President Donald Trump his “big, beautiful bill” despite rumblings from fiscal hawks about the projected $4 trillion it could add to the national debt over the next decade.

The final version of President Trump’s hallmark tax-and-spend legislation delivers significant tax advantages to some industries while rescinding them for others.While Medicaid and state-and-local-tax deductions,