The billionaire’s strong criticism of the US president’s tax bill could affect the vote in the Senate
Frustrated by Donald Trump’s sweeping tax bill, which was marginally passed by the House of Representatives last week, US President Ilon Mask said close associate.
Exercising unusual criticism of Trump, the billionaire said that the “big, beautiful bill” – as the US president described it – undermines the efforts of the government’s competitiveness service (Doge).
“Honestly, I was disappointed when I saw the colossal expenditure bill, which not only does not reduce the deficit but increases it, and undermines the work of the Doge team,” Tesla’s chief executive in an interview with CBS planned.
The big law, which passed through the House of Representatives with a single vote last week, incorporates much of Trump’s inner agenda for tax cuts, immigration and other issues.
“I think a bill may be big or it may be beautiful, but I don’t know if they can both be, in my personal opinion,” the billionaire added.
Musk took Doge with the promise of saving costs of 2 trillion. dollars. To date, it has limited or put a padlock on 11 federal services and has shown the exit door to about 250,000 federal employees, with MSK claiming that it has saved $ 160 billion in taxpayers.
Meanwhile, total government spending has increased, according to non -party Penn Wharton Budget Model, which is watching the weekly data from the Treasury.
Musk’s criticism, which has so far strongly supported Donald Trump’s agenda, could affect the final text of the bill, which seems difficult to approve by the Senate.
Wisconsin Republican Senator Ron Johnson, Trump’s ally, is pushing for even greater cuts to reduce the deficit. Other members of the Republican Party are opposed to the range of cuts it provides for the Medicaid program and the abolition of tax credit tax credit.
Source :Skai
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