Musk condemns Trump's "horrendous waste of funds" bill, warns of escalating American debt
WASHINGTON BLAST-OFF:
Elon Musk and Donald Trump's Space-age Showdown
Tensions between tech magnate Elon Musk and President Donald Trump soared this week, as Musk publicly skewered the administration's economic flagship bill—the "One Big Beautiful Bill"—calling it a "grotesque, bloated piece of crap."
On X-platform, Musk, CEO of Tesla and SpaceX, unloaded: "What a stinking pile of spendthrift garbage. This Congressional monstrosity is a national embarrassment. Kudos to the fools who passed it—they've shown their true colors."
Musk's scathing words came just days after stepping down from his role at the Department of Government Efficiency (DOGE), a position he held since December 2016. The billionaire had initially praised the administration's efforts to curb government waste, but now appears disillusioned.
Musk Unleashes Fury
Musk's wrath wasn't just about the bill's astronomical price tag—an estimated US$2.5-3.8 trillion added to the national debt. He berated the bill as an unjust burden on taxpayers, a debt Crater sized to cripple future generations.
Musk's targets of ire went beyond the astronomical budget. He accused those who backed the bill of prioritizing political gains over financial responsibility.
The CEO also lambasted the bill's elimination of electric vehicle tax credits, a direct hit to his company's Tesla, and other broken promises, such as the exclusion of his Starlink system from U.S. air traffic control plans and the shelving of Jared Isaacman's NASA nomination.
Despite Trump praising Musk's work in slashing government waste, insiders claim Musk feels let down after failing to secure beneficial policies for his businesses. This follows months of divisive budget cuts, including the closing of several agencies and tens of thousands of job losses.
The Less-Than-Beautiful Bill
While it's unclear whether this latest tirade signals a permanent rift, it underscores a growing divide between the tech titan and the president. It also highlights the challenges faced by industries like electric vehicles, in navigating politically charged financial legislation.
As for the "One Big Beautiful Bill," with its deep cuts to welfare programs and uncertain long-term fiscal implications, Americans can't help but wonder: if it's not beautiful, is it at least one hell of a ride?
- The political rebuke from Elon Musk, sparked by the controversial "One Big Beautiful Bill," has shed light on the challenges faced by industries such as electric vehicles in dealing with war-and-conflicts within policy-and-legislation.
- Amidst the ongoing feud between Elon Musk and President Donald Trump, the alleged prioritization of political gains over financial responsibility in policy decisions, like the "One Big Beautiful Bill," is a matter of general-news and public concern.