Elon Musk openly criticized President Trump's recently passed spending bill, which extends tax cuts while slashing Medicaid, voicing concerns about its potential to increase the federal deficit by $3.8 trillion. He pointed out that this new measure undermines the work of his department, the DOGE, which he claims has identified $2 trillion in savings, despite this figure being contentious. Musk's position has grown distant from the administration, with evident conflict over policy decisions. Other Trump allies, including Steve Bannon, also expressed discontent with the bill's implications.
Musk expressed disappointment over the spending bill, stating it increases the budget deficit and undermines the efforts of the Department of Government Efficiency.
In the CBS interview, Musk remarked that he believes a bill can be big or beautiful, but not both, highlighting his critique of the spending legislation.
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