President Trump’s “Big Beautiful Bill,” a major tax and spending package, narrowly passed the House of Representatives before Memorial Day but now faces a highly uncertain future in the Senate. -Senate Republicans are planning to rewrite the legislation due to internal divisions between moderates and conservatives over key provisions,

Trump's First Reaction To Elon Musk's 'Big Or Beautiful' Criticism Of Tax Bill. Posted: 29 May 2025 \| Last updated: 29 May 2025. More for You

Elon Musk says he’s “disappointed” by the costly new tax and spending package that House Republicans passed last week. In an excerpt from a new interview with “CBS Sunday Morning,” Musk says that the bill undercuts the work of his so-called Department of Government Efficiency,

Wall Street has a new shorthand about President Donald Trump — and he’s not happy about it. Traders have reportedly come up with the acronym TACO, which stands for “Trump always chickens out,” to take advantage of the trade environment created by the president’s habit of threatening to impose tariffs on countries,

Investors are betting so many millions on the president backing down from his threats that they have a special term to describe the trades.