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Dow Jones up 300 Points as Senate Passes Trump's Budget, Tesla Drops 8%

Summary by crypto.news
Senate passed Trump's budget bill, while Tesla led with losses on Musk's renewed feud with the President.
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On July 1, the Senate passed strictly the budget law desired by Donald Trump, worth thousands of billions of dollars, which includes among other things huge tax reductions and substantial cuts to health care. Read

The Republican president said this is the “greatest tax cut in the history of the country.”

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crypto.news broke the news in on Tuesday, July 1, 2025.
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