The president's One Big Beautiful Bill will provide an average tax cut of $3,752 per American, according to the Tax Foundation.

The Trump administration has set up yet another roadblock for wind and solar power in the U.S. — one that will make it harder for clean-energy developers to qualify for federal tax credits before they expire next summer.

The Trump administration has further tightened the screws on the renewable energy industry, making it more difficult for new projects to claim tax credits that are set to phase out next year. The Treasury Department issued new guidance on Friday on enforcing the planned phase-out of subsidies.