Musk calls Trump's tax bill a 'disgusting abomination'
a year ago
- #Trump Tax Bill
- #US Politics
- #Elon Musk
- Elon Musk criticizes Trump's tax and spending bill, calling it a 'disgusting abomination'.
- The bill includes multi-trillion dollar tax breaks, increased defense spending, and raises the debt ceiling.
- Musk warns of firing politicians who 'betrayed the American people' in the next election.
- The bill is estimated to increase the budget deficit by $600bn in the next fiscal year.
- Musk's criticism reflects wider Republican tensions over the bill, with some like Rand Paul opposing it.
- Trump and Republicans aim to pass the bill by July 4, despite opposition.
- Musk's firm Tesla could be affected by the phasing out of electric vehicle tax credits.
- Democrats, including Chuck Schumer, welcome Musk's criticism of the bill.
- Musk previously supported Trump with $250m in donations during the last election.