Senator Rand Paul, R-Ky. Varney & Co.
Billionaire entrepreneur Elon Musk on Tuesday placed emphasis on the “big, beautiful bill” that the Trump administration and Congressional Republicans are working to advance, criticizing it as “nasty hatred” as it is projected to affect the fiscal deficit.
Musk, who helped launch the Department of Government Efficiency (DOGE) until special government officials expired last week and close Trump administration allies expired, denounced the bill in an X post.
“I’m sorry, but I can’t stand it anymore. This huge, outrageous, pork-filled Congressional expenditure bill is a nasty hatred. I’m embarrassed by those who voted for it. I know you were wrong.
“We’ve increased our already huge fiscal deficit to $2.5 trillion (!!!) and will pay the overwhelmingly unsustainable debt to American citizens.”
House settlement bills will increase budget deficit by $2.3 trillion over 10 years: CBO
Musk criticized the bill for the increase in deficit that Doge is trying to reduce. (Getty Images/Tom Brenner of the Washington Post via Getty Images)
The bill, which named Republicans one big beautiful bill law, passed by largely party-based votes in late May. Only two Republicans voted against the measure due to lack of spending cuts and concerns about the impact on national debt.
Senate Republicans are weighing potential changes to the bill as the Senate prepares to take up legislation, setting up something that could be a controversial revision process in the Senate, where Republicans make up a majority of 53-47. However, it would require 51 votes to push the law through a settlement.
Senator Rand Paul is R-KY. said it is likely to oppose the bill as it includes an increase in debt cap, but R-Wis. Sen. Ron Johnson of the company said he wanted to see more spending cuts before he felt comfortable supporting it.
Jamie Dimon warns that our debt and deficits are growing issues
Elon Musk supports the Trump administration’s spending cuts and sees the tax cut package as a setback due to its deficit effect. (Brandon Bell/Getty Images/Getty Images)
White House spokesman Caroline Leavitt was asked whether Musk’s criticism would affect President Donald Trump’s attitude towards the bill as an advisor and as a prominent supporter of the president.
“Look, the president already knows where he was standing on this bill,” Levitt said at a press conference Tuesday afternoon.
Click here to get your Fox business on the go
“I won’t change the president’s opinion. That’s right One big and beautiful bill, and He’s stuck with it. ”
ALEC Schemmel from Fox News Digital contributed to this report.
