logo
Donald Trump celebrates 'big beautiful bill' being passed in Senate after fresh spat with Elon Musk

Donald Trump celebrates 'big beautiful bill' being passed in Senate after fresh spat with Elon Musk

Sky News10 hours ago
Donald Trump said it was "music to my ears" after his "big beautiful bill" was narrowly passed in the US Senate, following a fresh spat with Elon Musk.
The US president, who has been in Florida visiting the new "Alligator Alcatraz" migrant detention centre, at one point said he would have to "take a look" as to whether he could deport the tech billionaire as their row over the bill resurfaced.
Senate Republicans were able to push through Mr Trump 's tax breaks and spending cuts bill despite opposition from Democrats and their own ranks.
In the end the vote tally was 50-50, with vice president JD Vance casting the tie-breaking vote.
Three Republican senators - Thom Tillis, Susan Collins and Rand Paul - joined all Democrats in voting against it.
"The big not so beautiful bill has passed," Mr Paul said afterwards.
The bill now goes to the House of Representatives, where it will be debated, with a vote on Wednesday.
Speaking at a news conference at the migrant detention centre after finding out the result of Tuesday's vote, Mr Trump said: "Wow, music to my ears."
Musk and Trump row resurfaces
It came after a day where Mr Musk stepped up his attacks on Mr Trump's sweeping tax and spending bill, weeks after a spectacular fallout between the world's richest man and the US president.
Following weeks of relative silence after clashing with Mr Trump over the bill, the billionaire vowed to unseat politicians who support it.
In a post on X, Musk said those who had campaigned on cutting spending but then backed the bill "should hang their heads in shame".
He added: "And they will lose their primary next year if it is the last thing I do on this Earth."
Musk also threatened to put their faces on a poster which said "liar" and "voted to increase America's debt" by $5trn (£3.6trn).
The posts attracted a swift reply from Mr Trump, who claimed the billionaire "may get more subsidy than any human being in history" for his electric car business.
"Without subsidies, Elon would probably have to close up shop and head back home to South Africa," he wrote on Truth Social.
"No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!"
Asked later if he would consider deporting Mr Musk, the US president said: "I don't know, we'll have to take a look."
0:46
Musk spent at least $250m (£182m) supporting Mr Trump in his presidential campaign and then led the newly formed Department of Government Efficiency (DOGE), which sacked about 120,000 federal employees.
He has argued the legislation would greatly increase the US national debt and wipe out the savings he claimed he achieved through DOGE.
As the Senate discussed the package, Musk called it "utterly insane and destructive".
The Tesla and SpaceX CEO said the bill's massive spending indicated "we live in a one-party country - the PORKY PIG PARTY!!"
"Time for a new political party that actually cares about the people," he wrote.
Musk previously said some of his social media posts during his dramatic fallout with Mr Trump "went too far".
He had shared a series of posts on X, including one that described Mr Trump's tax and spending bill as a "disgusting abomination".
He also claimed, in a since-deleted post, that the president appeared in files relating to the disgraced paedophile financier Jeffrey Epstein.
But Musk later wrote: "I regret some of my posts about President @realDonaldTrump last week. They went too far."
In response, the president told the New York Post: "I thought it was very nice that he did that."
Trump's trip to 'Alligator Alcatraz'
Meanwhile, the US president was still keen to show his tough stance on immigration on the day his bill was voted on in the Senate.
The so-called Alligator Alcatraz detention facility is at an isolated airstrip in the Everglades, around 50 miles west of Miami, capable of holding 5,000 people.
White House press secretary Karoline Leavitt has said the centre is "informally known as Alligator Alcatraz".
She said: "There's only one road leading in, and the only way out is a one-way flight.
"It is isolated and surrounded by dangerous wildlife and unforgiving terrain.
"A detention centre surrounded by alligators, yes, I do think that's a deterrent for them to try to escape."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Morning Bid: Markets sit tight for trade progress
Morning Bid: Markets sit tight for trade progress

Reuters

time23 minutes ago

  • Reuters

Morning Bid: Markets sit tight for trade progress

A look at the day ahead in European and global markets from Ankur Banerjee Markets shrugged off the U.S. Senate passing President Donald Trump's "big, beautiful bill", with investor attention fixed to the path for U.S. interest rates and trade deals ahead of the United States' re-imposition of tariffs on July 9. Trump's tirade against the Federal Reserve and its Chair Jerome Powell to lower rates has stoked investor worries of the central bank's independence and credibility. It has also led to traders pricing in the possibility of early rate cuts. But Powell, at a central bank gathering in Portugal, reiterated that the Fed plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates. That, along with relatively upbeat labour data on Tuesday, has left investors none the wiser about when the Fed would cut rates and watching out for Thursday's nonfarm payrolls data for cues. European stocks are set for a slightly higher open after a mixed Asian session, where Japan's Nikkei dropped 0.75% whereas Hong Kong's Hang Seng Index (.HSI), opens new tab gained 0.75%. Trump's tax bill, which will add to the already enormous U.S. debt pile, slash taxes, reduce social safety net programs and boost military and immigration enforcement spending, now heads to the House of Representatives for possible final approval. Meanwhile, with the July 9 tariff day creeping closer, countries are scrambling to agree trade deals with the U.S. India is likely ink a deal whereas Japan is not, Trump said. All that has left markets in flux as we head into the second half of the year. The first half was dominated by relentless U.S. dollar selling as investors grappled with Trump's chaotic trade policies and looked for alternative places to park their money. The euro has had a blistering 2025 so far gaining 14% and perched at its highest level since September 2021, but whether it could replace the dollar as the world's reserve currency of choice is an open question. Central bankers gathered for an annual conference in the Portuguese resort of Sintra do not expect a major challenge to the dollar's status any time soon. "It's not going to happen just like that overnight. It never did historically," said European Central Bank President Christine Lagarde. "But there is clearly something that has been broken. Whether it is fixable, or whether it is going to continue to be broken - I think the jury's out." Key developments that could influence markets on Wednesday: Economic events: Euro zone unemployment rate for May, trade deal updates Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here.

Asian shares are mixed, tracking Wall Street split as momentum slows and Tesla drops
Asian shares are mixed, tracking Wall Street split as momentum slows and Tesla drops

The Independent

time27 minutes ago

  • The Independent

Asian shares are mixed, tracking Wall Street split as momentum slows and Tesla drops

Asian shares were mixed on Wednesday following a similar drift overnight on Wall Street as losses for Tesla and other technology shares put a brake on the momentum of recent record highs. U.S. futures edged higher and oil prices were little changed. Shares fell in Japan, hit by jitters over a lack of progress in trade talks with the U.S., but they recovered much of their lost ground, trading 0.3% lower at 39,874.33. Stephen Innes, managing partner at SPI Asset Management, pointed to President Donald Trump's declaration that there will be no extension of his tariff pause, which ends on July 9. 'The message was blunt: if Tokyo won't yield, it will pay. Tariffs of 30%, 35% or 'whatever number we determine' are now openly back on the table,' he said. 'The negotiating table just became a pressure cooker.' Hong Kong's Hang Seng advanced 0.6% to 24,220.65 and the Shanghai Composite index was down just over 1 point at 3,456.51. South Korea's KOSPI fell 1.2% to 3,053.39 as inflation rose in June. Australia's S&P ASX 200 edged up 0.4% to 8,580.70. On Tuesday, the S&P 500 dipped 0.1% to 6,198.01 for its first loss in four days. The Dow Jones Industrial Average rose 0.9% to 44,494.94, and the Nasdaq composite fell 0.8% to 20,202.89. Tesla tugged on the market as the relationship between its CEO, Elon Musk, and President Donald Trump soured even further. Once allies, the two have clashed recently, and Trump suggested there's potentially 'BIG MONEY TO BE SAVED' by scrutinizing subsidies, contracts or other government spending going to Musk's companies. Tesla fell 5.3%. It has lost just over a quarter of its value so far this year, 25.5%, in large part because of Musk's and Trump's feud. Drops for several darlings of the artificial-intelligence frenzy also weighed on the market. Nvidia's decline of 3% was the heaviest weight on the S&P 500. But more stocks within the index rose than fell, led by several casino companies. They rallied following a report showing better-than-expected growth in overall gaming revenue in Macao, China's casino hub. Las Vegas Sands gained 8.9%, Wynn Resorts climbed 8.8% and MGM Resorts International rose 7.3%. Automakers outside of Tesla were also strong, with General Motors up 5.7% and Ford Motor up 4.6%. The U.S. stock market has made a stunning recovery from its springtime sell-off of roughly 20%. But challenges still lie ahead for Wall Street, with one of the largest being the continued threat of Trump's tariffs. Many of Trump's stiff proposed taxes on imports are currently on pause, and they're scheduled to kick into effect in about a week. Depending on how big they are, they could hurt the economy and worsen inflation. Washington is also making progress on proposed cuts to tax rates and other measures that could send the U.S. government's debt spiraling higher, which could raise inflation. That in turn could mean higher interest rates, which would hurt prices for bonds, stocks and other investments. Despite such challenges, strategists at Barclays say they see signals of euphoria among some investors. The strategists say a measure that tries to show how much 'excess optimism' is in the market is not far from the peaks seen during the 'meme stock' craze that sent GameStop to market-bending heights or to the dot-com bubble at the turn of the millennium. In other dealings early Wednesday, benchmark U.S. crude gained 1 cent to $65.46 per barrel. Brent crude, the international standard, rose 5 cents per barrel to $67.16. The U.S. dollar rose to 143.58 Japanese yen from 143.41 yen. The euro slid to $1.1798 from $1.1808. ___ AP Business Writer Stan Choe contributed

A day outside an LA detention center shows profound impact of ICE raids on families
A day outside an LA detention center shows profound impact of ICE raids on families

The Independent

timean hour ago

  • The Independent

A day outside an LA detention center shows profound impact of ICE raids on families

At a federal immigration building in downtown Los Angeles guarded by U.S. Marines, daughters, sons, aunts, nieces and others make their way to an underground garage and line up at a door with a buzzer at the end of a dirty, dark stairwell. It's here where families, some with lawyers, come to find their loved ones after they've been arrested by federal immigration agents. For immigrants without legal status who are detained in this part of Southern California, their first stop is the Immigration and Customs Enforcement processing center in the basement of the federal building. Officers verify their identity and obtain their biometrics before transferring them to detention facilities. Upstairs, immigrants line up around the block for other services, including for green cards and asylum applications. On a recent day, dozens of people arrived with medication, clothing and hope of seeing their loved one, if only briefly. After hours of waiting, many were turned away with no news, not even confirmation that their relative was inside. Some relayed reports of horrific conditions inside, including inmates who are so thirsty that they have been drinking from the toilets. ICE did not respond to emailed requests for comment. Just two weeks ago, protesters marched around the federal complex following aggressive raids in Los Angeles that began June 6 and have not stopped. Scrawled expletives about President Donald Trump still mark the complex's walls. Those arrested are from a variety of countries, including Mexico, Guatemala, India, Iran, China and Laos. About a third of the county's 10 million residents are foreign-born. Many families learned about the arrests from videos circulating on social media showing masked officers in parking lots at Home Depots, at car washes and in front of taco stands. Around 8 a.m., when attorney visits begin, a few lawyers buzz the basement door called 'B-18" as families wait anxiously outside to hear any inkling of information. 9 a.m. Christina Jimenez and her cousin arrive to check if her 61-year-old stepfather is inside. Her family had prepared for the possibility of this happening to the day laborer who would wait to be hired outside a Home Depot in the LA suburb of Hawthorne. They began sharing locations when the raids intensified. They told him that if he were detained, he should stay silent and follow instructions. Jimenez had urged him to stop working, or at least avoid certain areas as raids increased. But he was stubborn and 'always hustled.' 'He could be sick and he's still trying to make it out to work,' Jimenez said. After learning of his arrest, she looked him up online on the ICE Detainee Locator but couldn't find him. She tried calling ICE to no avail. Two days later, her phone pinged with his location downtown. 'My mom's in shock,' Jimenez said. 'She goes from being very angry to crying, same with my sister.' Jimenez says his name into the intercom – Mario Alberto Del Cid Solares. After a brief wait, she is told yes, he's there. She and her cousin breathe a sigh of relief — but their questions remain. Her biggest fear is that instead of being sent to his homeland of Guatemala, he will be deported to another country, something the Supreme Court recently ruled was allowed. 9:41 a.m. By mid-morning, Estrella Rosas and her mother have come looking for her sister, Andrea Velez, a U.S. citizen. A day earlier, they saw Velez being detained after they dropped her off at her marketing job at a shoe company downtown. 'My mom told me to call 911 because someone was kidnapping her,' Rosas said. Stuck on a one-way street, they had to circle the block. By the time they got back, she says they saw Velez in handcuffs being put into a car without license plates. Velez's family believes she was targeted for looking Hispanic and standing near a tamale stand. Rosas has her sister's passport and U.S. birth certificate, but learns she is not there. They find her next door in a federal detention center. She was accused of obstructing immigration officers, which the family denies, but is released the next day. 11:40 a.m. About 20 people are now outside. Some have found cardboard to sit on after waiting hours. One family comforts a woman who is crying softly in the stairwell. Then the door opens, and a group of lawyers emerge. Families rush to ask if the attorneys could help them. Kim Carver, a lawyer with the Trans Latino Coalition, says she planned to see her client, a transgender Honduran woman, but she was transferred to a facility in Texas at 6:30 that morning. Carver accompanied her less than a week ago for an immigration interview and the asylum officer told her she had a credible case. Then ICE officers walked in and detained her. 'Since then, it's been just a chase trying to find her,' she says. 12:28 p.m. As more people arrive, the group begins sharing information. One person explains the all-important 'A-number,' the registration number given to every detainee, which is needed before an attorney can help. They exchange tips like how to add money to an account for phone calls. One woman says $20 lasted three or four calls for her. Mayra Segura is looking for her uncle after his frozen popsicle cart was abandoned in the middle of the sidewalk in Culver City. 'They couldn't find him in the system,' she says. 12:52 p.m. Another lawyer, visibly frustrated, comes out the door. She's carrying bags of clothes, snacks, Tylenol, and water that she says she wasn't allowed to give to her client, even though he says he had been given only one water bottle over the past two days. The line stretches outside the stairwell into the sun. A man leaves and returns with water for everyone. Nearly an hour after family visitations are supposed to begin, people are finally allowed in. 2:12 p.m. Still wearing hospital scrubs from work, Jasmin Camacho Picazo comes to see her husband again. She brought a sweater because he had told her he was cold, and his back injury was aggravated from sleeping on the ground. 'He mentioned this morning (that) people were drinking from the restroom toilet water,' Picazo says. On her phone, she shows footage of his car left on the side of the road after his arrest. The window was smashed and the keys were still in the ignition. 'I can't stop crying," Picazo says. Her son keeps asking: "Is Papa going to pick me up from school?' 2:21 p.m. More than five hours after Jimenez and her cousin arrive, they see her stepfather. 'He was sad and he's scared," says Jimenez afterwards. 'We tried to reassure him as much as possible.' She wrote down her phone number, which he had not memorized, so he could call her. 2:57 p.m. More people arrive as others are let in. Yadira Almadaz comes out crying after seeing her niece's boyfriend for only five minutes. She says he was in the same clothes he was wearing when he was detained a week ago at an asylum appointment in the city of Tustin. He told her he'd only been given cookies and chips to eat each day. 'It breaks my heart seeing a young man cry because he's hungry and thirsty,' she says. 3:56 p.m. Four minutes before visitation time is supposed to end, an ICE officer opens the door and announces it's over. One woman snaps at him in frustration. The officer tells her he would get in trouble if he helped her past 4 p.m. More than 20 people are still waiting in line. Some trickle out. Others linger, staring at the door in disbelief.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store