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Reading: Musk calls Trump Massive Stunning Invoice disgusting abomination
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StockWaves > Global Markets > Musk calls Trump Massive Stunning Invoice disgusting abomination
Global Markets

Musk calls Trump Massive Stunning Invoice disgusting abomination

StockWaves By StockWaves Last updated: June 4, 2025 5 Min Read
Musk calls Trump Massive Stunning Invoice disgusting abomination
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Elon Musk speaks throughout a press occasion with U.S. President Donald Trump (not pictured), on the White Home in Washington, D.C., on Might 30, 2025.

Nathan Howard | Reuters

Elon Musk on Tuesday tore into the huge tax-and-spending-cut invoice backed by President Donald Trump, calling it a “disgusting abomination” that may explode federal finances deficits.

“I am sorry, however I simply can’t stand it anymore,” Musk wrote in a put up on X, his social media web site.

“This large, outrageous, pork-filled Congressional spending invoice is a disgusting abomination,” the Tesla and SpaceX CEO added.

“Disgrace on those that voted for it: you recognize you probably did incorrect. You understand it,” wrote Musk, who till final week led the Trump administration’s DOGE effort to chop authorities spending and waste.

Musk in a follow-up put up wrote that the invoice “will massively improve the already gigantic finances deficit to $2.5 trillion (!!!) and burden America residents with crushingly unsustainable debt.”

The jibes got here two days after CBS Information aired an interview wherein Musk stated that the legislative package deal backed by the Republican president “undermines” DOGE.

The White Home shortly shrugged off Musk’s newest criticism.

“Look, the president already is aware of the place Elon Musk stood on this invoice,” White Home press secretary Karoline Leavitt stated at a briefing Tuesday when requested concerning the preliminary put up.

“It does not change the President’s opinion. That is one large, stunning invoice, and he is sticking to it,” Leavitt stated.

Leavitt doubled down on the administration’s declare that it’s “blatantly incorrect” to say that the invoice provides to the deficit.

She accused the nonpartisan Congressional Funds Workplace, which discovered that the finances package deal would increase the deficit by $3.8 trillion over the subsequent decade, of being biased in opposition to Republicans.

Learn extra CNBC politics protection

Home Speaker Mike Johnson, who led the Republican caucus’s effort to move the spending package deal by way of that chamber, advised reporters, “With all due respect, my good friend Elon is very incorrect concerning the one large stunning invoice.”

Johnson, R-La., reiterated his protection of the invoice in an X put up, whereas additionally vowing that Congress would codify a few of DOGE’s claimed government-spending cuts as a part of a rescissions package deal.

However Musk, replying to an X put up criticizing the GOP caucus, wrote, “In November subsequent 12 months, we hearth all politicians who betrayed the American individuals.”

However a few of Trump’s fellow Republicans agreed with Musk, amongst them Rep. Thomas Massie of Kentucky.

Massie, a fiscal hawk who was certainly one of solely two Republicans to vote in opposition to the Home model of the invoice, wrote, “He is proper,” in a response to Musk’s X put up.

Musk replied to Massie: “Basic math.”

Sen. Mike Lee, R-Utah, additionally backed Musk’s warning of the deficit being blown out.

“Congress has hollowed out America’s center class by way of reckless deficit spending and the inflation it causes,” Lee wrote on X.

“The Uniparty propels this vicious cycle, and have to be stopped in its tracks.”

Earlier Tuesday, Trump lashed out at Sen. Rand Paul when the Kentucky Republican criticized the invoice’s provision to boost the debt ceiling by trillions of {dollars}.

Trump accused Paul of failing to grasp that the invoice would spur “super GROWTH.”

Paul wrote on X later Tuesday, “I agree with Elon.”

“We have now each seen the huge waste in authorities spending and we all know one other $5 trillion in debt is a large mistake. We will and should do higher,” the libertarian senator wrote.

Musk replied to Paul’s put up with an American-flag emoji.

Musk was the most important monetary backer of Trump’s 2024 marketing campaign, spending greater than $250 million on that effort.

However whereas serving as head of DOGE he expressed opposition to Trump’s tariffs and butted heads with different administration officers, amongst them White Home commerce advisor Peter Navarro and Treasury Secretary Scott Bessent.

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