Sen. Rand Paul, R-Ky., discusses his objections to President Donald Trump’s tax invoice on Varney & Co.
Billionaire entrepreneur Elon Musk on Tuesday weighed in on the “huge, lovely invoice” the Trump administration and congressional Republicans are working to advance, criticizing it as a “disgusting abomination” because of its projected impact on funds deficits.
Musk, who helped launch the Department of Government Efficiency (DOGE) till his time as a particular authorities worker expired final week and a detailed ally of the Trump administration, slammed the invoice in a publish on X.
“I am sorry, however I simply can’t stand it anymore. This large, outrageous, pork-filled Congressional spending invoice is a disgusting abomination. Disgrace on those that voted for it: you already know you probably did mistaken. You understand it,” Musk wrote.
“It’s going to massively enhance the already gigantic funds deficit to $2.5 trillion (!!!) and burden Americans with crushingly unsustainable debt.”
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Musk criticized the invoice for rising deficits, which DOGE has sought to scale back. (Tom Brenner For The Washington Put up through Getty Photos / Getty Photos)
The invoice, which Home Republicans named the One Massive Lovely Invoice Act, handed the chamber in late Might in a largely party-line vote. Solely two Republicans voted towards the measure because of considerations a couple of lack of spending cuts and the nationwide debt impression.
Senate Republicans are weighing potential modifications to the invoice because the higher chamber prepares to take up the laws, establishing what might be a contentious modification course of within the Senate, the place Republicans maintain a slim 53-47 majority. Nonetheless, they’ll want 51 votes to push by means of the laws through reconciliation, which supplies the celebration little room for defections.
Sen. Rand Paul, R-Ky., has stated he’ll doubtless oppose the invoice as a result of it features a debt ceiling enhance, whereas Sen. Ron Johnson, R-Wis., has stated he needs to see extra spending cuts earlier than he feels snug supporting it.
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Elon Musk has been supportive of the Trump administration’s spending cuts and views the tax minimize bundle as a setback because of its deficit impact. (Brandon Bell/Getty Photos / Getty Photos)
White Home press secretary Karoline Leavitt was requested whether or not Musk’s criticism impacts President Donald Trump’s angle towards the invoice given Musk’s standing as an advisor and distinguished supporter of the president.
“Look, the president already is aware of the place Elon Musk stood on this invoice,” Leavitt stated throughout a press briefing Tuesday afternoon.
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“It would not change the president’s opinion. That is one big, beautiful bill, and he is sticking to it.”
Fox Information Digital’s Alec Schemmel contributed to this report.
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