Billionaire DOGE leader Elon Musk said in an interview that he's “disappointed” by the cost of Donald Trump’s sweeping tax bill passed by the House.

The "Big Beautiful Bill," which passed in the House, includes new provisions for bonus depreciation, R&D deductions, and pass-through relief.

President Trump’s massive tax bill, which the House approved last Thursday, would chop the amount NFL and NBA owners could write off by half.

A proposed 3.5% tax on remittance transfers should be killed because it invades consumer privacy and would encourage the use of unregulated money-movement services, payments-industry trade groups told US lawmakers.

By Suzanne McGee (Reuters) -Investors are fearing that projections for the U.S. debt mountain could increase further when a sweeping tax and spending bill goes through the Senate, with the risk that bond yields stay higher for longer.

US Congressman Mike Flood faced a torrent of boos and jeers as he spoke to town hall attendees in his Nebraska district on May 27, one of the first held nationwide as House GOP leaders return home after passing President Donald Trump 's sweeping tax policy bill.

Legislation moving through Congress includes significant breaks for the affluent as the House rebuffs President Donald Trump’s suggestions.

U.S. President Donald Trump's sweeping tax and spending bill calls for drastic cuts to clean energy tax credits that have been major drivers of the boom seen in utility-scale renewable power and battery capacity over the past three years or so.