Musk Sharply Criticized The Bill Signed By Trump
12- 4.06.2025, 7:52
- 16,100
It's about taxes and expenses.
Billionaire Ilon Musk has criticized the tax and spending bill that US President Donald Trump signed into law. He said he could no longer remain silent, calling the document a "disgusting abomination."
It was reported by Axios.
"I'm sorry, but I can't take it anymore. This huge, outrageous, fat-filled (unnecessary spending - ed.) Congressional budget bill is a disgusting abomination. Shame on those who voted for it: you know what you did was wrong. You know it," the billionaire wrote.
Musk's criticism of the bill, which passed the US House of Representatives in May, comes just days after the former head of DOGE (Ilon Musk) left the Trump administration.
It is noted that the Tesla CEO has long considered US government debt an existential threat, but has so far voiced only moderate criticism of Trump's deficit-bloating bill.
Musk later added on social media, "This will significantly increase the already gigantic budget deficit to $2.5 trillion and saddle America's citizens with unsustainable debt."
In another publication, Musk wrote that next November "we will fire all the politicians who betrayed the American people" (probably talking about the elections of the US Congress, which are held every 2 years).
Reaction of the US authorities and internal controversy
It should be noted that the White House press secretary responded to the incident on the same day. In particular, reported the position of Trump.
"Look, the president already knows the position of Ilon Musk on this bill. It's not urgent to the president's views - it's a big, beautiful bill and he's sticking to it," she said during the briefing.
In turn, U.S. House Speaker Mike Johnson called Musk's comments "extremely disappointing."
"With all due respect, my friend Elon is terribly wrong about the single, big, beautiful bill," he told reporters, suggesting that Musk might be upset about the gray tax break for electric cars.
When asked if there was any assurance that Musk's opposition could contribute to the bill's failure, Senate Republican leader John Thune said he hoped the billionaire would continue to study the bill and "come to a different conclusion."
In the meantime, several supporters of the fiscal line, including Republican Senators Ron Johnson and Rand Paul, have united with Musk in believing the bill still requires significant spending cuts.
Axios writes that Trump has "vehemently criticized" Paul and Rep. Thomas Massie for expressing views similar to Musk's, but has not yet publicly commented on his adviser's "outspoken criticism"
Fears about the bill
The bill in question is the entitlement and spending bill. The document calls for extending tax cuts (passed under Trump in 2017) while increasing defense and security spending. However, to offset the spending, it proposes cuts in social programs: health insurance for the poor, food stamps and tax credits for clean energy.
The Congressional Budget Office and independent analysts project that Trump's bill would increase the budget deficit by between $2.3 trillion and $5 trillion over the next 10 years.
But White House officials dispute claims that the bill would increase the deficit. Officials say the projections do not take into account the high levels of economic growth that could result from the tax cuts.
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