“Sorry, but I can’t stand it anymore,” Elon Musk said on June 3 in an X’s post about Trump Tax and Policy Bill for discussion in the Senate.
Elon Musk hits Trump’s big tax bill on x
A few days after leaving the White House, Elon Musk condemned President Trump’s big tax bill on X.
WASHINGTON – A few days after leaving his role in the White House, Elon Musk escalated President Donald Trump’s tax and domestic policy bill as “nasty hatred,” and escalated criticism of the president’s signature laws.
Musk’s pointed out June 3rd remarks came after Trump made a friendly send-off for the world’s wealthiest man in an oval office last Friday, and as a second-term Republican president works to push through what he called his “big beautiful bill” through the Senate.
“Sorry, but I can’t stand it anymore,” Musk said in a post on social media platform X.
The bill, which cleared the House last month with Republican support, will extend Trump’s 2017 tax cuts, implement new tax cuts for upset wages and overtime, overhaul Medicaid and food stamps, strengthening border security and significantly increasing military spending. Republican leaders are about to pass Senate bills through the filibuster-proof budget process known as settlement.
The Non-partisan Congressional Budget Office estimated the bill would add $3.8 trillion to citizen debt over the next decade.
“We’ve increased our already huge fiscal deficit to $2.5 trillion (!!!), and American citizens will bear overwhelmingly unsustainable debt,” Musk said in a follow-up post on X. “Congress is bankrupting America.”
Musk’s remarks ruin his friendly send-off
Musk, CEO of Tesla, SpaceX and social media platform X, left the White House as a senior adviser last week after leading government efficiency for the past four months. Before signing off, Musk said in an interview with CBS Sunday morning that he was “disappointed” by Trump’s settlement bill, which increased the deficit and “weakened” Doge is working to significantly cut federal spending.
But Musk and Trump seemed to be smoothing things out when the president welcomed the billionaire tech entrepreneur into an oval office for his final press conference with reporters. “We remember you when we announce billions of dollars of extra waste, fraud and abuse,” Trump told Musk, praising him as “one of the biggest business leaders and innovators the world has ever produced.”
White House Press Secretary Caroline Leavitt shrugged Musk’s latest criticism of Trump’s tax and policy bill.
“Look, the president already knows where he was standing in this bill,” Leavitt said. “The president doesn’t change. It’s a big, beautiful bill and he’s stuck with it.”
House Speaker Mike Johnson helped Trump move forward with the law in the House, speaking to Musk for 20 minutes on June 2, telling reporters that he was “terribly wrong” about the bill.
“It’s a very unfortunate for me to come out and pan the entire bill,” Johnson told Hill. “It’s very surprising in light of my conversation with him yesterday.”
“I agree with Elon,” says Rand Paul.
Over the weekend, Musk expressed the disappointment of a billionaire commercial astronaut with close ties to Musk after Trump retracted the candidate for NASA administrator Jared Isaacman.
Trump’s bill also ends a $7,500 consumer tax credit for electric vehicle buyers, a policy advanced by former President Joe Biden, who benefited electric vehicle companies like Musk’s Tesla.
Musk’s financial dissent to Bill Miller’s concerns was held by Republican senators, including Republican Rand Paul and Wisconsin’s Ron Johnson.
“I agree with Elon,” Paul said in X’s post. “We both have seen massive waste in government spending, and we know that another $5 trillion in debt is a big mistake.
Paul said he would vote against the bill if changes were not made, and Trump urged Kentucky Senators to be attacked by the True Society Post. “Rand votes for everything, but there are no practical or constructive ideas. His ideas are actually crazy (loser!). People in Kentucky can’t stand him,” Trump wrote.
Levitt pushed back debt concerns raised by Paul and Johnson, accusing him of “not having facts” during a briefing with reporters on June 3. The White House argued that despite estimates from the Congressional Budget Office, the law would not raise the deficit.
Leavitt said CBOs have a history of their financial forecasts being wrong. And despite her nonpartisan status in the office, she accused the CBO of being “partisan and political” and is run primarily by Democrat budget analysts.
“We are very confident in our economic analysis of this bill,” Leavitt said, claiming that the bill would generate $1.6 trillion in savings.
Reach Joey Garrison with X @joeygarrison.
