President Trump celebrated his just-passed “One Big Beautiful Bill Act” Thursday night as “a declaration of independence from a national decline.”

Trump, 79, told a large rally at the Iowa State Fairgrounds that the bill makes good on his major campaign promises to slash taxes on tips, overtime and Social Security benefits.

“With this bill, every major promise I made to the people of Iowa in 2024 became a promise kept,” Trump said.

“We had a national decline. We were a laughing stock all over the world. We had a man as president who shouldn’t have been there,” he said.

“We really have independence now over the — if you look at it — the overtaxation, where we were being taxed out of our lives, independence from over-regulation, we have independence now from radical-left bureaucrats and independence from the largest alien invasion that I think any country has ever seen.”

Trump said his landmark legislation, due to be signed Friday on the White House lawn, “includes the largest tax cut in American history, the largest spending cut in American history and the largest border security investment in American history.”

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