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When will key aspects of Trump's 'big, beautiful bill' take effect? 

President Trump signed his sweeping tax cut and spending package known as the "big, beautiful bill" into law during a Fourth of July celebration on Friday.

The measure boosts defense and border wall funding and makes Trump’s 2017 tax cuts permanent, offsetting some of those costs with deep cuts to Medicaid, food assistance programs, student loans and clean energy programs.

Some of the law’s key pieces will take effect later this year, while others will not be implemented until well after midterm elections.

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