Elon Musk rips into ‘utterly insane’ Trump-backed megabill

Elon Musk rips into ‘utterly insane’ Trump-backed megabill


Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.

Nathan Howard | Reuters

Elon Musk ripped into the Senate’s massive domestic policy package on Saturday, calling it “utterly insane” and destructive.” His remarks come weeks after he first hurled harsh criticism against the bill, which is backed by President Donald Trump.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” Musk wrote on X, a platform that he owns.

“Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future,” he continued, hours before the Senate was poised to hold a key vote on the package.

The Tesla CEO, who is the wealthiest man in the world, has been an outspoken critic of Trump’s “big, beautiful bill,” views that in part triggered the public feud that erupted earlier this month between the two men.

Musk has called the bill a “disgusting abomination” and urged lawmakers to “KILL the BILL.”

Read more CNBC politics coverage

Musk’s comments triggered the public unraveling of their relationship — a dramatic turnaround after he donated more than $250 million to Trump’s re-election campaign and went on to lead the controversial Department of Government Efficiency (DOGE).

Days after the public feud, Musk said that he regretted “some of the posts” he sent.



Source

Italy says U.S. sharply reduced proposed pasta tariffs after a review
Politics

Italy says U.S. sharply reduced proposed pasta tariffs after a review

Packages of pasta imported from Italy are seen in a supermarket in Houston, Texas, on Nov. 12, 2025. Ronaldo Schemidt | AFP | Getty Images Italy’s foreign ministry said on Thursday the United States had sharply lowered proposed duties on several Italian pasta makers following a reassessment of their U.S. activities. In October, the United […]

Read More
Mamdani’s inauguration: New York, New Year, new mayor
Politics

Mamdani’s inauguration: New York, New Year, new mayor

Zohran Mamdani is sworn in as New York City’s 112th mayor by New York Attorney General Letitia James, left, alongside his wife Rama Duwaji, right, in the former City Hall subway station on January 1, 2026 in New York City. Pool | Getty Images News | Getty Images Zohran Mamdani was sworn in as New […]

Read More
Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution
Politics

Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution

President Donald Trump issued the first vetoes of his second term Tuesday, blocking bills that would support a pair of bipartisan infrastructure projects in Colorado and Florida.  Trump’s veto of the Colorado bill, the Finish the Arkansas Valley Conduit Act, which Congress unanimously approved earlier in December, enraged the state’s lawmakers. The bill would reduce […]

Read More