President Trump threatens to eliminate federal subsidies to Elon Musk’s companies, saying Musk “may have to close up shop and head back to South Africa.” Tesla stock plunges amid subsidy scrutiny.
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Senate Advances Trump’s “Big, Beautiful Bill” Amid GOP Split
Senate advances Trump-backed reconciliation bill by a narrow 51–49 vote, raising alarms over Medicaid cuts, tax breaks, and rising deficits.