Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Business»Elon Musk slams GOP tax bill over deficit impact: ‘Disgusting abomination’
Business

Elon Musk slams GOP tax bill over deficit impact: ‘Disgusting abomination’

Buddy DoyleBy Buddy DoyleJune 3, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Elon Musk slams GOP tax bill over deficit impact: ‘Disgusting abomination’
Share
Facebook Twitter LinkedIn Pinterest Email

Billionaire entrepreneur Elon Musk on Tuesday weighed in on the “big, beautiful bill” the Trump administration and congressional Republicans are working to advance, criticizing it as a “disgusting abomination” due to its projected effect on budget deficits.

Musk, who helped launch the Department of Government Efficiency (DOGE) until his time as a special government employee expired last week and a close ally of the Trump administration, slammed the bill in a post on X.

“I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it,” Musk wrote.

“It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt.”

HOUSE RECONCILIATION BILL WOULD INCREASE BUDGET DEFICITS BY $2.3 TRILLION OVER A DECADE: CBO

The bill, which House Republicans named the One Big Beautiful Bill Act, passed the chamber in late May in a largely party-line vote. Only two Republicans voted against the measure due to concerns about a lack of spending cuts and the national debt impact.

Senate Republicans are weighing potential changes to the bill as the upper chamber prepares to take up the legislation, setting up what could be a contentious amendment process in the Senate, where Republicans hold a slim 53-47 majority. However, they will need 51 votes to push through the legislation via reconciliation, which gives the party little room for defections. 

Sen. Rand Paul, R-Ky., has said he will likely oppose the bill because it includes a debt ceiling increase, while Sen. Ron Johnson, R-Wis., has said he wants to see more spending cuts before he feels comfortable supporting it.

JAMIE DIMON WARNS US DEBT AND DEFICITS ARE A GROWING PROBLEM

Trump and Musk

White House press secretary Karoline Leavitt was asked whether Musk’s criticism affects President Donald Trump’s attitude toward the bill given Musk’s status as an advisor and prominent supporter of the president.

“Look, the president already knows where Elon Musk stood on this bill,” Leavitt said during a press briefing Tuesday afternoon.

“It doesn’t change the president’s opinion. This is one big, beautiful bill, and he’s sticking to it.”

Fox News Digital’s Alec Schemmel contributed to this report.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMore seniors are using cannabis than ever before despite health risks, research shows
Next Article X-Vision Shadow 100 Review — Ultimate in Affordable IR Night Vision?

Related Articles

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

July 1, 2025
FTC declares July as ‘Made in the USA’ month

FTC declares July as ‘Made in the USA’ month

July 1, 2025
Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance

Treasury secretary says Senate moving toward vote on Trump’s megabill today despite Democrat resistance

July 1, 2025
House Democrats target GOP over price of groceries ahead of July 4th holiday

House Democrats target GOP over price of groceries ahead of July 4th holiday

July 1, 2025
The American dream slips further away as younger adults retreat to parents’ homes

The American dream slips further away as younger adults retreat to parents’ homes

July 1, 2025
Amazon Prime members brace for sticker shock as analysts predict imminent price hike

Amazon Prime members brace for sticker shock as analysts predict imminent price hike

July 1, 2025
Social Security insolvency could speed up with illegal immigration crackdown

Social Security insolvency could speed up with illegal immigration crackdown

July 1, 2025
Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

Chilling clues in Amazon reviews: Fox Nation probes serial killer’s sinister trail

July 1, 2025
Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

Canada rescinds digital services tax for the US: What is it and why did Trump want it gone?

July 1, 2025
Don't Miss
TOP 10 BEST CAMPING GEAR & GADGETS 2021

TOP 10 BEST CAMPING GEAR & GADGETS 2021

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Lululemon accuses Costco of selling knockoffs of its popular athletic apparel

Trump taunts Newsom to visit ‘Alligator Alcatraz’ and ‘learn something’ about immigration

Trump taunts Newsom to visit ‘Alligator Alcatraz’ and ‘learn something’ about immigration

Self-deport or end up in ‘Alligator Alcatraz,’ Noem warns migrants during Trump visit

Self-deport or end up in ‘Alligator Alcatraz,’ Noem warns migrants during Trump visit

Latest News
FTC declares July as ‘Made in the USA’ month

FTC declares July as ‘Made in the USA’ month

July 1, 2025
Elon Musk’s attacks on Trump’s ‘big, beautiful bill’ have ‘no basis,’ says No 2 House Republican

Elon Musk’s attacks on Trump’s ‘big, beautiful bill’ have ‘no basis,’ says No 2 House Republican

July 1, 2025
‘We’re ignoring him’: GOP senators react to Musk’s threat to primary supporters of Trump’s ‘beautiful’ bill

‘We’re ignoring him’: GOP senators react to Musk’s threat to primary supporters of Trump’s ‘beautiful’ bill

July 1, 2025
TOP 10 BEST KARAMBIT KNIVES 2021

TOP 10 BEST KARAMBIT KNIVES 2021

July 1, 2025
Nuclear Standoff Between Iran And U.S. & Israel Intensifies

Nuclear Standoff Between Iran And U.S. & Israel Intensifies

July 1, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.