President Donald Trump will continue to push the "One Big Beautiful Bill Act" as Senate Republicans try to meet Trump's Fourth of July deadline for passage. The Senate GOP discussed the megabill at its lunch Friday afternoon -- while they work to resolve a number of outstanding issues so they can work to get the bill on the floor this weekend.

Elon Musk called President Trump’s spending bill the “Debt Slavery Bill” on X in June, saying it would raise the debt ceiling by $5 trillion. The debt ceiling sets the legal limit on how much money the federal government can borrow.

Republicans are proposing to dramatically roll back tax breaks designed to boost clean energy projects fueled by renewable sources such as energy and wind. The tax breaks were a central component of President Joe Biden’s 2022 landmark bill focused on addressing climate change and lowering health care costs.