AM Update for 7/4/25: House Republicans pass President Donald Trump’s sweeping “Big Beautiful Bill” just in time for July 4th, delivering major wins on taxes, border security, and entitlement reform. The U.S. economy adds 147,000 jobs in June, outpacing forecasts for the fourth straight month as unemployment drops and markets rally. CBS News parent company Paramount agrees to a $16 million settlement with President Trump over selectively-edited footage in a fall 2024 60 Minutes interview with Kamala Harris.