StockWaves
  • Home
  • Global Markets
    Global MarketsShow More
    Trump ends all U.S. commerce talks with Canada over digital companies tax
    Trump ends all U.S. commerce talks with Canada over digital companies tax
    3 Min Read
    Trump calls being president a 'very harmful career'
    Trump calls being president a 'very harmful career'
    0 Min Read
    Bone Biologics ($BBLG) Skyrockets 80.5% in Premarket on Patent Submitting Bombshell: What’s Fueling the Frenzy?
    Bone Biologics ($BBLG) Skyrockets 80.5% in Premarket on Patent Submitting Bombshell: What’s Fueling the Frenzy?
    9 Min Read
    Principal takeaways from McCormick & Firm’s (MKC) Q2 2025 earnings report
    Principal takeaways from McCormick & Firm’s (MKC) Q2 2025 earnings report
    3 Min Read
    BP share worth falls after Shell merger rumours quashed: here is what that you must know
    BP share worth falls after Shell merger rumours quashed: here is what that you must know
    4 Min Read
  • Investment Strategies
    Investment StrategiesShow More
    Crossed 50? It's time to get your investments so as
    Crossed 50? It's time to get your investments so as
    0 Min Read
    Title change of few schemes in Nippon India Mutual Fund
    Title change of few schemes in Nippon India Mutual Fund
    0 Min Read
    High information and market movers this week: twentieth Jun’ 2025
    High information and market movers this week: twentieth Jun’ 2025
    2 Min Read
    'We deal with the highest-returning shares inside sectors'
    'We deal with the highest-returning shares inside sectors'
    0 Min Read
    Market tales in charts | Kuvera
    Market tales in charts | Kuvera
    6 Min Read
  • Market Analysis
    Market AnalysisShow More
    Title modifications of Navi Nasdaq 100 Fund of Fund
    Title modifications of Navi Nasdaq 100 Fund of Fund
    0 Min Read
    Bolivia crypto transactions up over 530% amid forex woes
    Bolivia crypto transactions up over 530% amid forex woes
    3 Min Read
    Title change of few schemes in Tata Mutual Fund
    Title change of few schemes in Tata Mutual Fund
    0 Min Read
    Protected-haven gold falls 2% on easing US-China commerce tensions
    Protected-haven gold falls 2% on easing US-China commerce tensions
    3 Min Read
    Market manipulation is overrated
    Market manipulation is overrated
    0 Min Read
  • Trading
    TradingShow More
    Buying and selling Room RECAP 6.27.25 | Polaris Buying and selling Group for Shares and Futures Merchants
    Buying and selling Room RECAP 6.27.25 | Polaris Buying and selling Group for Shares and Futures Merchants
    2 Min Read
    Donald Trump Says ‘Bitcoin Takes A Lot Of Strain Off The Greenback’
    Donald Trump Says ‘Bitcoin Takes A Lot Of Strain Off The Greenback’
    4 Min Read
    Why Is Channel Therapeutics Inventory Surging On Friday? – Channel Therapeutics (AMEX:CHRO)
    Why Is Channel Therapeutics Inventory Surging On Friday? – Channel Therapeutics (AMEX:CHRO)
    2 Min Read
    If You Invested 0 In This Inventory 5 Years In the past, You Would Have This A lot Right now – IES Hldgs (NASDAQ:IESC)
    If You Invested $100 In This Inventory 5 Years In the past, You Would Have This A lot Right now – IES Hldgs (NASDAQ:IESC)
    1 Min Read
    Shares Poised To Profit From Ongoing Consolidation In MarTech And PR Sectors – The Interpublic Group (NYSE:IPG), Omnicom Group (NYSE:OMC)
    Shares Poised To Profit From Ongoing Consolidation In MarTech And PR Sectors – The Interpublic Group (NYSE:IPG), Omnicom Group (NYSE:OMC)
    4 Min Read
Reading: Musk calls Trump Massive Stunning Invoice disgusting abomination
Share
Font ResizerAa
StockWavesStockWaves
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Search
  • Home
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading
Follow US
2024 © StockWaves.in. All Rights Reserved.
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
SHARE


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.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Previous Article Bolivia crypto transactions up over 530% amid forex woes Oil climbs 2% to 2-week excessive on geopolitical tensions
Next Article Torrent Energy Shares Achieve 1% on SPA with BP Singapore  Torrent Energy Shares Achieve 1% on SPA with BP Singapore 
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FacebookLike
TwitterFollow
PinterestPin
InstagramFollow

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

Most Popular
Month-to-month Revenue From One-time Funding: How your Rs 19,99,999 mutual fund funding will help you generate Rs 3,48,500/month revenue for 30 years
Month-to-month Revenue From One-time Funding: How your Rs 19,99,999 mutual fund funding will help you generate Rs 3,48,500/month revenue for 30 years
June 28, 2025
Akzo Nobel Shares Skyrocketed 10% as JSW Paints Seeking to Purchase Stake 
Akzo Nobel Shares Skyrocketed 10% as JSW Paints Seeking to Purchase Stake 
June 28, 2025
Trump ends all U.S. commerce talks with Canada over digital companies tax
Trump ends all U.S. commerce talks with Canada over digital companies tax
June 28, 2025
Crossed 50? It's time to get your investments so as
Crossed 50? It's time to get your investments so as
June 28, 2025
Title modifications of Navi Nasdaq 100 Fund of Fund
Title modifications of Navi Nasdaq 100 Fund of Fund
June 28, 2025

You Might Also Like

4 small-cap shares Fools suppose have explosive progress potential
Global Markets

4 small-cap shares Fools suppose have explosive progress potential

6 Min Read
Musk’s Tesla is launching robotaxis in Austin, Texas
Global Markets

Musk’s Tesla is launching robotaxis in Austin, Texas

6 Min Read
Southwest Airways (LUV) anticipates robust journey demand in addition to inflationary pressures
Global Markets

Southwest Airways (LUV) anticipates robust journey demand in addition to inflationary pressures

2 Min Read
After hitting a brand new 52-week low can the Diageo share worth ever recuperate? See what the consultants say
Global Markets

After hitting a brand new 52-week low can the Diageo share worth ever recuperate? See what the consultants say

5 Min Read

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

StockWaves

We provide tips, tricks, and advice for improving websites and doing better search.

Latest News

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service

Resouce

  • Blockchain
  • Business
  • Economics
  • Financial News
  • Global Markets
  • Investment Strategies
  • Market Analysis
  • Trading

Trending

Month-to-month Revenue From One-time Funding: How your Rs 19,99,999 mutual fund funding will help you generate Rs 3,48,500/month revenue for 30 years
Akzo Nobel Shares Skyrocketed 10% as JSW Paints Seeking to Purchase Stake 
Trump ends all U.S. commerce talks with Canada over digital companies tax

2024 © StockWaves.in. All Rights Reserved.

Welcome Back!

Sign in to your account

Not a member? Sign Up