Trump joins Elon Musk in opposing House GOP’s government funding bill

Trump joins Elon Musk in opposing House GOP’s government funding bill


Elon Musk (L) shakes hands with Republican presidential nominee, former President Donald Trump back stage during a campaign rally at the Butler Farm Show grounds on October 05, 2024 in Butler, Pennsylvania. 

Anna Moneymaker | Getty Images

President-elect Donald Trump on Wednesday came out against a Republican-backed government spending bill, siding with Elon Musk’s crusade against the package and raising the odds of a government shutdown.

Trump is opposed to the continuing resolution put forward by Republican House Speaker Mike Johnson, according to a source familiar with the president-elect’s thinking, who was granted anonymity to describe private conversations.

The source confirmed that Trump told a Fox News host he is “totally against” the CR.

Later Wednesday afternoon, Vice President-elect and Sen. JD Vance, R-Ohio, released a joint statement from him and Trump declaring that politicians should “pass a streamlined bill” that doesn’t give Democrats “everything they want.”

“Republicans want to support our farmers, pay for disaster relief, and set our country up for success in 2025. The only way to do that is with a temporary funding bill WITHOUT DEMOCRAT GIVEAWAYS combined with an increase in the debt ceiling,” read the statement posted by Vance on X.

“Anything else is a betrayal of our country,” their statement read.

This is breaking news. Please refresh for updates.



Source

Pakistan minister denies nuclear body meeting after offensive launched on India
World

Pakistan minister denies nuclear body meeting after offensive launched on India

Pakistani security forces are seen outside Nur Khan Air Base, where an Indian missiles struck in Rawalpindi, Pakistan, on May 10, 2025. Anadolu | Anadolu | Getty Images Pakistan’s Defence Minister Khawaja Asif said no meeting of the National Command Authority, the top military and civil body overseeing the country’s nuclear arsenal, had been scheduled […]

Read More
The number of ‘tariff’ mentions soar past ‘AI’ on earnings calls as Trump’s trade fight alters outlook
World

The number of ‘tariff’ mentions soar past ‘AI’ on earnings calls as Trump’s trade fight alters outlook

Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” […]

Read More
First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
World

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]

Read More