Musk advocates resistance against Trump's proposed debt strategies
Title: Elon Musk Slams Trump's Budget Plans: issues a call to arms against the debt ceiling increase
Facebook Twitter Whatsapp E-Mail Print Copy Link Just now, Tesla CEO Elon Musk announced his resignation from his role as US government's top spending cutter. But Trump isn't letting him go that easy. With looming record debts, Musk is urging Republican lawmakers to defy the President.
In a surprising move, tech mogul Elon Musk takes a swipe at President Donald Trump and his budget plan. Musk publicly calls upon citizens via X, his online platform, to pressure their district representatives to vote against the upcoming tax and spending bill sponsored by Trump. The renowned entrepreneur, recently tasked with cutting state expenditure, ridicules the proposed increase in the debt ceiling and demands steeper spending cuts.
Politics "Ugly Monstrosity" Musk Blasts Trump's "Big and Beautiful Bill" Musk warns that Trump's legislative proposal, labeled "Big and Beautiful Bill" by him, will lead to a higher budget deficit and add to the national debt. A day prior to the statement, the multimillionaire termed the plan as an "ugly monstrosity." Musk went on to threaten lawmakers that those voting in favor of it will face elections consequences in the midterm elections of November 2026.
President Trump remained silent in response to Musk's bloody campaign against the law. However, Republican House Speaker Mike Johnson took to Twitter stating that Trump is "far from happy."
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Selfish Motives Behind Debt Criticism?
Johnson also hinted that Musk's opposition to the bill could be rooted in self-interest. Musk heads Tesla, which is currently grappling with sales decline. The bill intends to abolish tax incentives for electric vehicles, a move that could adversely impact Tesla. Johnson told reporters that this measure is crucial to Musk. "I'm aware it has consequences for his company," he said.
The budget bill barely passed the House of Representatives in May. However, several Republican Senators are blocking it. The Republicans hold the majority in both chambers.
Musk had donated around $250 million to Trump's election campaign and was briefly one of Trump's closest advisors. Trump tasked him with reducing government spending. Musk left politics again in late May following months of media attention and frequent public statements, citing a 130-day deadline for external government employees.
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Although Musk declared in May that he wants to devote less money to politics and focus more on his businesses, Johnson now claims that Musk had promised him support on Monday to defend the GOP majorities in the House and Senate in the midterm elections of November 2026. Johnson revealed that he called Musk on Tuesday but Musk did not pick up the phone.
According to NBC, Trump's circle is particularly peeved by Musk's warning to Congress members regarding the midterm elections in November 2026, when all House seats and a third of Senate seats will be up for grabs.
Source: ntv.de, mau/dpa
- Donald Trump
- Elon Musk
- Budget policy
- US debt crisis
- Elon Musk's call to action against the forthcoming tax and spending bill, driven by his concerns about the increasing debt ceiling and proposed budget deficit, falls under the umbrella of policy-and-legislation discourse, particularly related to budget policy.
- Amidst the ongoing debate over Trump's budget plans and the US debt crisis, Musk's bitter criticism and threats to lawmakers about the potential midterm elections consequences, stemming from his self-proclaimed role as a US government's top spending cutter, is tightly linked with the political arena, including war-and-conflicts and general-news reporting.
