The measure cements into law much of Trump’s agenda and is being hailed by the president and his supporters as a major victory.

Some Democratic leaders and officials believe the combination of tax cuts and potential changes to some Americans' health care coverage could allow the party to recapture the anger and anti-Trump backlash that helped the party reclaim the House in 2018, after Republicans passed their tax package and repeatedly failed to repeal Obamacare.

A Republican Congressman sold a Medicaid-related stock before voting for President Donald Trump 's massive tax and spending package, which affects Medicaid. In May, Pennsylvania Representative Robert Bresnahan sold stocks in Centene Corporation,

"When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy," Musk said in the announcement.

The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party,

Here's what to know about Trump's big beautiful bill:

President Trump and Republicans in Congress are celebrating this holiday weekend after both the House and Senate passed what they call the "big, beautiful bill." The President signed the legislation into law at the White House on Friday,