Elon Musk Critiques Trump’s Spending Bill
Elon Musk expressed disappointment with Donald Trump’s recent “big, beautiful” bill, which proposes multi-trillion dollar tax breaks and increased defense spending, arguing it undermines efforts to reduce government spending. Musk, who previously supported Trump’s cost-cutting initiatives, believes the bill could increase the budget deficit by approximately $600 billion in the next fiscal year. His comments signal a growing rift with Trump, as he plans to decrease his political contributions and focus more on leading Tesla amid controversies over his previous cost-cutting measures.