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Musk calls Trump's mega tax and spending bill a "disgusting abomination"

  • Elon Musk sharply criticized the House-passed tax and spending bill on Tuesday, calling it a "disgusting abomination" in a post on X.
  • The legislation, called the 'One Big Beautiful Bill' Act, aims to increase the borrowing limit by $4 trillion while supporting Trump's policy priorities, including the continuation of the 2017 tax cuts.
  • Despite supporting the Trump administration previously, Musk warned the legislation would massively increase the federal budget deficit to $2.5 trillion and burden citizens with unsustainable debt.
  • Elon Musk harshly criticized the House budget bill, describing it as an enormous, wasteful package filled with unnecessary spending, and condemned those who supported it by saying they knew their actions were wrong.
  • Musk’s criticism prompted reactions from both supporters and critics of the bill, with the White House press office defending it and House Speaker Mike Johnson labeling Musk’s view as "terribly wrong," underscoring the ongoing debate over the bill’s financial consequences.
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Elon Musk is critical of Trump's major bill and warns that it could increase the US budget deficit.

·Stockholm, Sweden
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Forbes broke the news in United States on Tuesday, June 3, 2025.
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