Elon Musk Slams Trump’s Tax Break Bill, White House Reacts

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Elon Musk Slams Trump’s Tax Break Bill, White House Reacts


On Tuesday (June 3), Elon Musk blasted President Donald Trump for his “big, beautiful bill” of tax breaks and spending cuts. The Tesla CEO referred to as the tax break invoice a “disgusting abomination.” His critique comes after stepping away from his Department of Government Efficiency position inside the Trump administration. His phrases, per the Associated Press, goal the centerpiece of the Republicans’ legislative agenda. But Trump appears to be unfazed by his former collaborator’s drag!

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Elon Musk Didn’t Spare Trump’s Bill With His Comments

Musk shared his sentiments on the tax break invoice on his social media platform X. As talked about, Elon went IN on the invoice simply days after Donald Trump gave him a celebratory Oval Office farewell for the tip of his work with DOGE.

“I’m sorry, but I just can’t stand it anymore,” Elon Musk posted on X. “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.”

The laws has handed the House and is at the moment below debate within the Senate. Musk adopted his criticism with a risk geared toward Republicans. “In November next year, we fire all politicians who betrayed the American people,” he wrote in one other X publish.

In reply to his first publish, Musk stated the invoice will even “massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt.” Another X publish from him stated, This immense stage of overspending will drive America into debt slavery.” 

Musk continued his critiques on June 4. In a brand new X publish, he stated:

Musk Previously Criticized Tax Break Bill

It’s value noting that Musk’s enterprise pursuits stand to take successful if lawmakers approve Trump’s invoice. It would slash funding for electrical autos and associated applied sciences. Musk is the chief govt of Tesla, the nation’s largest electrical car producer, and SpaceX, which has huge protection contracts. Last month, Musk mildly criticized the spending invoice, saying he was “disappointed” by it.

For context, the finances bundle seeks to increase tax cuts that officers authorised in 2017 throughout Trump’s first time period on the White House. The invoice will even add new cuts that Trump campaigned on. Additionally, it features a huge buildup of $350 billion for border safety, deportations, and nationwide safety. Republicans additionally search to cut back federal spending by imposing work necessities for some Americans who depend on authorities security internet companies. The transfer is supposed to make up for misplaced tax income to the federal government and restrict additions to the nation’s $36 trillion debt.

These critiques are a pointy shift for Musk. As the world’s richest individual, he spent at the very least $250 million supporting the president’s marketing campaign in 2024. Also, he beforehand pledged to assist defeat Republican lawmakers deemed insufficiently loyal to Donald Trump. Now, he’s suggesting voting them out in the event that they advance the president’s legislative precedence. However, whether or not the tech billionaire will observe by way of on his criticism is unclear. Musk not too long ago stated he would spend “a lot less” on political campaigns. But he did depart the door open to political involvement if he sees “a reason.”

White House Says Trump Knew How Musk Felt About The Bill 

Musk’s X posts threw one other hurdle earlier than Senate Majority Leader John Thune. He’s tasked with making an attempt to cross the invoice in time for Trump to attain his purpose of signing it by July 4. The South Dakota Republican has few votes to spare within the GOP’s slim 53-seat majority.

Two of the Senate’s Republicans have already backed Elon Musk’s sentiments. “We can and must do better,” Kentucky Sen. Rand Paul wrote on X. Additionally, Utah Sen. Mike Lee stated “federal spending has become excessive,” including that it causes inflation and “weaponizes government.” Still, Trump enjoys fierce loyalty among the many GOP base. So, in the long run, his opinion often is the just one that issues. Meanwhile, White House press secretary Karoline Leavitt performed down Musk’s criticism.

“The president already knows where Elon Musk stood on this bill,” Leavitt stated, and Musk’s publish “doesn’t change the president’s opinion.”

But some authorities reps are seemingly delighted by the GOP stress. Democrats, for instance, are waging an all-out political assault. They’re focusing on GOP proposals that can lower Medicaid, meals stamps, and inexperienced vitality investments to assist pay for greater than $4.5 trillion in tax cuts.

“We’re in complete agreement,” House Minority Leader Hakeem Jeffries stated of Musk. The New York Democratic lawmaker stood alongside a poster-sized printout of Musk’s publish throughout a Capitol information convention.

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Associated Press writers Jonathan J. Cooper, Chris Megerian, Joey Capelletti, and Mary Claire Jalonick contributed to this report by way of AP Newsroom.

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