Elon Musk said he's carrying out his threat to form a new political party after his fissure with President Trump, announcing on social media that he would form the America Party in response to the president's sweeping new law.

"MAGA IS NOT HAPPY," the irate president warned those delaying the vote. Republican Sen. Josh Hawley of Missouri, who has frequently voiced worries about the bill's drastic Medicaid cuts, told NBC News on Saturday that he plans to vote in favor of it. Hawley also provided NBC News with a comparable quote that matched those remarks.

President Trump and Republicans in Congress are celebrating this holiday weekend after both the House and Senate passed what they call the "big, beautiful bill." The President signed the legislation into law at the White House on Friday,