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Donald Trump also expressed displeasure over Trump’s bill during an interview last week.
Tesla owner Ellon Musk has strongly criticized US President Donald Trump’s new funding bill. He has described it as disgusting and embarrassing on social media platform x.
Musk wrote in his post,
I can’t bear anymore. This bill is very large, absurd and full of waste expenses. Those who voted in its favor should be ashamed.
Musk said that this bill would increase the US budget deficit to $ 2.5 trillion. He alleged that the Congress (Parliament) is making the country bankrupt.
In another post, Musk said that in November next year we will remove all the politicians who have cheated the public.
Many White House officials are surprised by such a sharp criticism of Musk. Although he knew Musk’s opinion, he did not expect such a strict public reaction.
What is this funding bill
The name of this bill is One Big Beautiful Bill Act. This leads to Trump’s 2017 tax cuts. Apart from this, the army and border increase the expenditure on security. But instead, health services, food support and other schemes available to the poor are being cut.
According to the government report, the bill will increase US debt by about $ 3.8 trillion in the next 10 years. The US currently has a total debt of $ 36.2 trillion.
5 points of Big Beautiful Bill ‘, which angry Musk
- Permanent cuts in income tax and estate tax in 2017, proposal to increase tax deduction.
- Proposal to deduct tax on overtime and social security income. The White House says that those who earned 30 to 80 thousand dollars annually will have to pay 15% less tax next year.
- To prevent illegal immigration to spend more on border security and strengthening the US Army.
- Strict arrangements to prevent wasteful, fraud and misuse in the government.
- Debt sealing means how much loan the government can take its limit. These limits have to be increased from time to time so that the government can pay its bills and expenses.
Trump maintains his decision
Trump praised the bill and said that it is incredible and reduces the budget deficit. He indicated that he wants more big tax cuts.
The press secretary of the White House said that the President already knows Musk’s opinion and he considers the bill correct.
Leavet said, “Musk’s words have not affected Trump’s opinion. This is a big, beautiful bill and the President is standing on his decision.”
Musk has already left the Trump administration
Ilon Musk left the Trump administration’s support last week. He was in the role of a consultant in the Department of Government Efficiency (DOGE). He resigned from the post, expressing displeasure over this bill a day before his term ended.
Musk had said in an interview to CBS News that the purpose of DOGE is to cut expenses and this bill is against him. The dispute took place at a time when the bill is being debated in the Senate and Trump himself is celebrating the senators to support it.
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Read this news related to Musk’s resignation ….
Ilon Musk left Donald Trump’s support: resigns from DOGE, written- My time is over, angry with President’s favorite bill
Tesla owner and US billionaire Ilyon Musk has left the Trump administration. According to Indian time, he gave this information on social media x at 5.30 am on May 29. Read full news here …