Billionaire businessmen and technology veteran Elon Musk has launched a scathing attack on the new tax and expenditure bill of Trump administration. On the social media platform x, Allen Musk described this bill as ‘very disgusting’ and said that it will increase the deficit.
Along with this, Musk wrote that ‘forgive, but I cannot tolerate anymore …’, this is the Congress full of expenses, absurd and embarrassing bills. Those who have voted in its favor should be ashamed of themselves. Because they know that they did wrong.
2.5 trillion dollar deficit warning
Musk warned that this bill would already increase the huge budget deficit of America to $ 2.5 trillion, which would deepen the burden of unstable debt on the country.
Musk separated from Trump’s team
A few days ago, Alan Musk resigned from the post of Chief of the ‘Government Efficiency Department’ (DOGE), which was responsible for reducing federal expenses. He has clearly separated himself from this disputed bill.
Trump maintains this bill: White House
White House press secretary Caroline Lewit, taking the criticism of Allen Musk lightly, said that President Trump already knew what Alan Musk thinks about the bill, but this step of Allen Musk would not change his (Trump) attitude. This is a Big Beautiful Bill and the President is standing with it. Please tell that this bill has been described by President Donald Trump as the backbone of his economic policy, while Musk is considering it as a symbol of uncontrolled expenses.
Musk gave Trump a help of $ 250 million
Alan Musk donated more than $ 250 million for Trump’s election campaign in 2024. After this, he also led the initiative called ‘Deficit Optimization and Government Efficiency (DOGE)’, but now it has been closed. Its purpose was to eliminate government wastage from the root.
Political response
Kentaki’s Republican MP Thomas Massey supported Alan Musk and said that he is correct. In response, Musk replied in two words- ‘Simple Math’.
Musk cannot understand the bill: House Speaker Johnson
However, house speaker Mike Johnson described Musk’s criticism as very disappointing. He said that he had talked to Allen Musk for 20 minutes on Monday and tried to convince that this bill is the first strong step towards heavy tax cut and fulfillment of election promises. But Allen is unable to understand this.