Overview

• Trump told Fox News he still thinks Musk is a “wonderful guy” despite his “not appropriate” outbursts over the bill and acknowledged Musk’s frustration with EV mandate cuts.
• On June 28, the Senate approved the “One Big Beautiful Bill” by a 51-49 vote, sending the tax-cut and spending package to the House for final consideration.
• Musk reignited his campaign against the bill on June 29, calling it “utterly insane and destructive” and warning it would destroy millions of American jobs and harm strategic industries.
• The legislation bundles permanent tax cuts, repeal of electric vehicle credits, and spending measures that Republican leaders say will spur growth but faces criticism over its impact on the deficit.
• With the House vote expected before July 4, the clash between private-sector influence and legislative politics highlights tensions within the GOP between business interests and party unity.