Washington — President Trump brought pomp and circumstance to his signing of the " big, beautiful bill " on Friday, with an Independence Day ceremony at the White House that included a B-2 bomber flyover.

New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.

The sweeping bill that will cut taxes and impact funding to social programs was passed in the House by a vote of 218-214 on Thursday, July 3.