President
Trump's tax and spending bill is a 'disgusting move': Elon Musk
Elon Musk,
the world's richest man, has criticized President Donald Trump, calling the tax
and spending bill a "disgusting and shameful" move.
According to
the Associated Press, Elon Musk, a close ally of President Trump and the
world's richest man, wrote on social media platform X, "I apologize but I
can't take this anymore."
He said,
"Everyone who voted for this bill should be ashamed, you know you did
wrong. You know."
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In another
post on X, Musk said of the House, “Congress is bankrupting America.”
Elon Musk
left the Trump administration last week after 129 days, his first strong
statement opposing government policy.
The tax and
spending bill is now being debated in the Senate after passing the House of
Representatives. If it becomes law, it would also cut subsidies that have
benefited Elon Musk’s company Tesla.
When asked
about Musk’s criticism during a press briefing, White House press secretary
Caroline Levitt said the president already knew Musk’s position on the bill.
“It’s not
going to change the president’s opinion. It’s a big, beautiful bill, and he’s
standing by it.”
This major
change in the views of Elon Musk, who spent at least $250 million on Donald
Trump’s presidential campaign, is being expressed as a surprise.
Elon Musk
had recently said that he would spend “very little” on political campaigns, but
at the same time he also said that he could spend if necessary.
The approval
of this bill will increase the budget deficit, provide more funds for defense
spending and the deportation of illegal immigrants, while the government’s
borrowing limit will also increase to $4 trillion.
Elon Musk
has expressed his opinion on this bill before. After its approval by the House
of Representatives, Elon Musk said in an interview that he was “disappointed”
and that this bill “will not reduce the budget deficit, but increase it” and
will also be detrimental to the work being done by the Dodge team.
President
Donald Trump appointed Elon Musk to lead the Department of Government
Efficiency (DoG), with the aim of reducing government spending, eliminating red
tape in the bureaucracy, and reducing the bureaucracy's powers.
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