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Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

  • Musk backed a post on X by Senator Rand Paul, R-Ky., who criticized the bill's budget, saying it "explodes the deficit" and reflects "short-term politicking over long-term sustainability."
  • Musk referred to the bill as the "DEBT SLAVERY bill."
  • The Congressional Budget Office stated the bill could add $3.4 trillion to the U.S. debt over the next decade.
  • Tesla shares dropped significantly, losing $152 billion in market cap on June 5, putting the company's value below $1 trillion.
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Tesla’s executive director, Elon Musk, backed criticism of the approval in the House of Representatives of the U.S. President’s fiscal package, Donald Trump. Through his X account, the South African billionaire resumed the publication of Kentucky Republican Senator Rand Paul, who said the bill’s budget “explodes the deficit” and continues a pattern of “short-term politics on long-term sustainability.” https://t.

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NBC Bay Area broke the news in San Francisco, United States on Friday, July 4, 2025.
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