Домой United States USA — Financial Elon Musk Calls Donald Trump's Big Beautiful Bill 'Political Suicide'

Elon Musk Calls Donald Trump's Big Beautiful Bill 'Political Suicide'

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Elon Musk and President Donald Trump had a very public falling out over the spending bill after Musk returned to the private sector.
Elon Musk made several last-ditch arguments on X, formerly Twitter, ahead of Saturday’s planned vote in the Senate that will look to advance President Donald Trump’s «Big Beautiful» spending bill in a key vote.Why It Matters
Musk, who had spent months as a close Trump ally during his time leading the Department of Government Efficiency (DOGE), very publicly criticized the bill after departing the federal government and returning to the private sector. Trump and Musk then had a very public falling out, hurling insults and allegations at each other.
Musk during his time at DOGE looked for «waste, fraud, and abuse» across the federal government. As of May, DOGE said, it had saved $170 billion in federal spending. This amounts to 17 percent of the $1 trillion goal, and 8.5 percent of Musk’s $2 trillion «best-case outcome.»What To Know
The tech mogul renewed his criticism on Saturday in a series of posts on X, writing that the bill «raises the debt ceiling by $5 TRILLION, the biggest increase in history, putting America in the fast lane to debt slavery!»
«The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country! Utterly insane and destructive», Musk wrote in a separate X post. «It gives handouts to industries of the past while severely damaging industries of the future.»
He quickly followed it with a post that included polling by The Tarrance Group, which showed the majority of all voters and even various groups of declared Republican voters, agree with Musk’s criticism and would grossly increase the federal budget by trillions of dollars.

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