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00:00Developing tonight, Senate Republicans have narrowly passed President Trump's $4.5 trillion tax and spending bill before the July 4th deadline.
00:10Vice President J.D. Vance cast the tie-breaking vote after a tense overnight session.
00:15Three Republicans joined all Democrats in opposition.
00:18The bill slashes Medicaid, tightens food stamp rules, and boosts border security.
00:24Critics say it could leave millions uninsured and add more than $3 trillion to the deficit.
00:30It now heads back to the House.
00:33The feud between Donald Trump and Elon Musk is heating up again.
00:37This week, Musk slammed Trump's big, beautiful bill, calling it political suicide for Republicans,
00:43and vowed to start a new political party and fund primary challengers against GOP lawmakers who support it.
00:49The bill includes major cuts to electric vehicle tax credits, which directly impact Tesla.
00:55In response, Trump threatened to pull federal contracts from Musk's businesses.
01:00and even suggested deporting the South African-born billionaire.
01:05Hey, President, Elon can use a lot more than that.
01:09Is that a report going on?
01:11I don't know.
01:12I agree.
01:13We might have to put Doge on, Elon.
01:17You know what Doge is?
01:19Doge is the monster that might have to go back and eat Elon.
01:23Wouldn't that be terrible?
01:24Tesla's stock price dropped by more than 5% today and has lost over 25% of its value this year alone.
01:34President Trump is also targeting New York Democratic mayoral candidate Zoran Mamdani,
01:39questioning his citizenship and threatening deportation.
01:43Mamdani, a naturalized U.S. citizen and New York State Assemblyman,
01:47called Trump's comments an attack on democracy and vowed to stand firm.
01:52He said, we will not accept this intimidation.

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