Musk torches Trump budget bill: ‘Disgusting abomination’

Musk torches Trump budget bill: ‘Disgusting abomination’


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 on Tuesday tore into the massive tax-and-spending-cut bill backed by President Donald Trump, calling it a “disgusting abomination” that will explode federal budget deficits.

“I’m sorry, but I just can’t stand it anymore,” Musk wrote in a post on his social media site X.

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

“Shame on those who voted for it: you know you did wrong. You know it.”

Musk led the Trump administration’s DOGE effort to cut government spending and waste until last week, when his term as a temporary “special government employee” expired.

Musk added in a follow-up post that the bill “will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt.”

The White House quickly shrugged off the criticism from Musk, a vocal Trump supporter who spent over $250 million backing Trump’s 2024 presidential campaign.

“Look, the president already knows where Elon Musk stood on this bill,” press secretary Karoline Leavitt said when asked about the post.

“It doesn’t change the President’s opinion. This is one big, beautiful bill, and he’s sticking to it,” she said.

Rep. Thomas Massie of Kentucky, a fiscal hawk and one of only two Republicans to vote against the House version of Trump’s bill, wrote, “He’s right,” in response to Musk’s post.

Musk replied to Massie: “Simple math.”

Earlier Tuesday, Trump lashed out at Sen. Rand Paul after the Kentucky Republican criticized the bill’s provision to raise the debt ceiling by trillions of dollars.

Trump accused Paul of failing to understand that the bill would spur “tremendous GROWTH.”

This is breaking news. Please refresh for updates.



Source

Trade deadlines and oil drama set the stage for a crunch week in global markets
World

Trade deadlines and oil drama set the stage for a crunch week in global markets

Flags of the European Union and the United States. Sean Gallup | Getty Images News | Getty Images CNBC’s assignment desk has a conundrum this week: how to approach July, 9. Why does this specific date matter? It’s the deadline for trade negotiations between the U.S. and European Union before the tariffs axe (maybe) falls […]

Read More
The CEO mindset is shifting. It’s no longer all about winning
World

The CEO mindset is shifting. It’s no longer all about winning

Ayrton Senna driving the Marlboro McLaren during the Belgian Grand Prix in 1992. Pascal Rondeau | Hulton Archive | Getty Images CEOs today aren’t just steering companies — they’re navigating a minefield. From geopolitical shocks and economic volatility to rapid shifts in tech and consumer behavior, the playbook for leadership is being rewritten in real […]

Read More
Charlize Theron is choosing to be single, she told ‘Call Her Daddy’: That can be ‘a sign of strength,’ says relationship expert
World

Charlize Theron is choosing to be single, she told ‘Call Her Daddy’: That can be ‘a sign of strength,’ says relationship expert

Oscar-winning actress Charlize Theron has had her share of romantic relationships. Among the most famous were her relationships with Third Eye Blind frontman Stephan Jenkins and actor Sean Penn. But these days, the mother of two is choosing to be single, she recently told Alex Cooper on podcast “Call Her Daddy.” For her, building her […]

Read More