The U.S. Senate is debating what to do with President Donald Trump’s bill to enact a domestic agenda that includes tax breaks, cuts to Medicaid and food assistance programs, and a big increase in spending on border security and the military.

The GOP's contentious budget bill narrowly passed in the House, faces dissent in the Senate and has drawn the ire of Elon Musk in a big way.

President Donald Trump’s tax bill has cleared the House and is now making its way through the Senate. Here is a breakdown of how these changes could affect your finances, according to FOX Business.