Elon Musk exploded about Donald Trump's spending bill, says 'shame for those who voted for it' | Today news
Billionaire Elon Musk took to X, formerly Twitter, to unleash a displacing criticism of President Donald Trump’s new Expenditure and Tax Bill. “I’m sorry, but I just can’t hold it anymore. This massive, outrageous, pork expenses bill is a disgusting abomination. Shame those who voted for it: You know you did wrong. You know it, ‘Musk said. His remarks come days after retiring from a short -lived post in Trump’s administration, which led a federal spending reform initiative under the Department of Government Efficiency (Doge). Tesla saw a fall in EV sales, a blow attributed to Musk’s connection to Trump’s controversial policy. Speaker Johnson strikes: “Elon is terribly wrong”, the speaker of the house, Mike Johnson, struck the criticism of Musk and called it “very disappointing”. “With all due respect, my friend Elon is terribly wrong about the one big beautiful bill,” says Johnson, who claimed to have spoken to Musk for more than 20 minutes. White House: “President knows where Musk stands” Press secretary Karoline Leavitt delayed Musk’s remarks, suggesting that they would not make the direction of the administration disappear. ‘The president already knows where Elon Musk stood on this bill. It does not change the president’s opinion. It’s a big, beautiful bill and he sticks to it, ‘she said. Musk: ‘Big or beautiful, not both’, Elon Musk, a few days before, expressed criticism of Trump’s tax and spending bill, and warned that it could exacerbate the federal deficit and derail the cost-saving efforts by the Department of Government Efficiency (DOGE), which he briefly led. “I think a bill can be big, or it can be beautiful. But I don’t know if it can be both, ‘Musk said in an interview with CBS. “It increases the budget deficit and undermines the work the Doge team does.” Trump’s deadline on July 4 The bill hit the house last week and is now on its way to a difficult voice in the Senate. Trump calls on Swift Senate action to get the legislation against its desk by Independence Day. “The passing of the one, great, beautiful bill is a historical opportunity to reverse our country,” Trump posted. He added: “Work as quickly as possible to get this account on my desk before the Fourth of July.” He holds closed door meetings with the Senate GOP leaders and makes personal calls to individual senators to push the bill forward. The scope of the bill: $ 4 trillion tax cuts, deep expenses cut the bill passed by the home is projected to reduce federal income over ten years by $ 4 billion and increase the deficit by $ 2.5 billion. It expands the 2017 tax cut and adds new ones to the elimination of taxes on tips-while the safety net programs such as Medicaid and food stamps are reduced. The package also: Phases from the Biden-era tax outages for electric vehicles and green energy allocate $ 350 billion for border safety and deportations, which produces the debt ceiling with $ 4 trillion, the work requirements for safety net recipients at an estimated 8.6 million can lose health coverage. Democrats returned: ‘Tax cuts for the ultra-rich’ Senate-majority leader Chuck Schumer called the proposal ‘ugly to its core’, which corresponds to the criticism of Musk. “Behind the smoke and mirrors lies a cruel and draconian truth: Tax reduction for the ultra-richness paid by taking care of the healthcare for millions of Americans,” Schumer said. Rand Paul resisted: ‘I can’t in good conscience’ Senator Rand Paul emerged as an important IDP rash, which objected to the $ 4 trillion debt ceiling increase included in the bill. “Rand doesn’t vote on everything, but never has practical or uplifting ideas. His ideas are actually crazy (losers!),” Trump posted on Truth Social. Paul replied, “I like the president, support the president. But I cannot give up in good conscience every principle for which I stand for and every principle I elected to.” The Treasury warns against Treasury’s imminent Secretary of the Treasury, Scott Bestent, warned that the US will not have money to pay its obligations without mid -July or early August, without an increase in the ceiling. Senate’s amendments on the table have discussed legislators possible adjustments to the homes, including: the proposed $ 40,000 salt shell that reconsidered the $ 35 Medicaid copy, which is the tax of the Senate of interest to the rural hospitals, is expected to vote now, and reflect the one-vote margin in the home. With a July 4 deadline, Trump’s ‘big, beautiful bill’ battle against fierce resistance of Democrats, policy experts and even one-time allies like Elon Musk.