June 26, 2025
The different versions of the bill in the two narrowly Republican-controlled chambers of Congress could complicate party leaders' goal of passing the bill
Musk, the world's richest person and CEO of Tesla, was the biggest donor in the 2024 election cycle and a prominent fixture in Trump's White House
CBO sees $2.4tn debt impact in House-passed bill while CFRB says costs could rise to $5 trillion including interest if made permanent
To avoid a shutdown, the bill would need to be passed by the Republican-majority Senate and signed by Trump into law by Friday
The proposal would fund the government through September, the end of the 2025 fiscal year
The vote on passage was 217-215 with Representative Thomas Massie as a lone Republican voting in opposition, and no Democrats supporting the controversial measure
