Musk ratcheted up his rhetoric against the legislation this week, branding it a “disgusting abomination” before attacking Trump directly, calling for him to be impeached, threatening to start a rival party, and suggesting he had links with the disgraced financier and child trafficker Jeffrey Epstein.

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his giant tax bill, a person familiar with the matter said.