US EditionMusk condemns latest Senate bill that would 'destroy millions of jobs,' raise taxes on wind, solar projects
- Elon Musk criticized the White House's latest tax and spending legislation, expressing concerns about its potential impact on jobs and emerging industries as senators prepared to vote on the measure on June 29, 2025.
- Musk renewed his criticism because he believes the bill would destroy millions of jobs and cause strategic harm to the U.S. economy.
- He condemned the bill for providing subsidies to outdated sectors at the expense of emerging industries and warned that supporting it would be a political disaster for Republicans.
- Musk criticized the legislation on X, stating it increases the nation's borrowing limit by $5 trillion—a historic spike—that he believes will lead the U.S. toward severe financial dependency.
- The vote's outcome may impact Musk's political influence and business relations with the administration amid his recent public feud with Trump.
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POTUS's rift with big tech set to expand and Zuck could be big loser after AI-stealing Trump's content · American Wire News
Copyright concerns and changes in the workplace coincided to suggest the president’s bill may not be as cozy for “tech bros” like Mark Zuckerberg as previously portrayed. While Senate Parliamentarian Elizabeth MacDonough took umbrage with a considerable number of provisions in the One Big Beautiful Bill, a moratorium barring states from regulating artificial intelligence for five years was cleared for the budget reconciliation process. Though pe…
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Total News Sources240
Leaning Left48Leaning Right41Center60Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 32%
C 40%
R 28%
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