Elon Musk Dumps On Trump's 'Big, Beautiful Bill'

Yahoo Finance
2025.05.28 03:03
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Elon Musk criticized President Trump's "One Big Beautiful Bill Act," stating it would add over $3 trillion to federal budget deficits, undermining efforts to cut government waste. Musk, who leads the Department of Government Efficiency, expressed disappointment in the bill's massive spending, which contradicts Republican fiscal responsibility. Despite some Republican concerns about the bill's deficit impact, it has passed the House and awaits Senate revisions. Musk plans to step back from his White House role to focus on Tesla and SpaceX.