Trump threatens Musk subsidies after Musk again targets Trump's budget bill

3 days ago 7

The existent outgo of the Senate spending measure

The existent outgo of the Senate spending bill 03:34

President Trump erstwhile again targeted erstwhile adjacent adjutant Elon Musk connected Tuesday, attacking the magnitude of authorities subsidies the entrepreneur is receiving aft the tech billionaire renewed criticism of the president's flagship spending bill.

"Elon whitethorn get much subsidy than immoderate quality being successful history, by far," Mr. Trump said aboriginal Tuesday connected his Truth Social platform, "and without subsidies, Elon would astir apt person to adjacent up store and caput backmost location to South Africa."

Musk -- who had an acrimonious nationalist falling retired with the president implicit the measure -- reprised his crisp criticisms and renewed his speech of forming a caller governmental party arsenic Senate information of the measurement got underway.

The president responded by suggesting his Department of Government Efficiency (DOGE) -- which Musk headed earlier stepping down precocious May -- bid its sights connected the SpaceX founder's concern interests.

"No much Rocket launches, Satellites, oregon Electric Car Production, and our Country would prevention a FORTUNE," Mr. Trump said. "Perhaps we should person DOGE instrumentality a good, hard, look astatine this? BIG MONEY TO BE SAVED!!!"

Mr. Trump is hoping to seal his bequest with the "One Big Beautiful Bill," which would widen his expiring first-term taxation cuts astatine a outgo of $4.5 trillion and beef up borderline security.

But Republicans eyeing 2026 midterm legislature elections are divided implicit the package, which would portion wellness attraction from millions of the poorest Americans and adhd much than $3 trillion to the country's debt, according to estimates from galore bipartisan groups.

As lawmakers began voting connected the measure connected Monday, Musk -- the world's richest idiosyncratic -- accused Republicans of supporting "debt slavery."

"All I'm asking is that we don't bankrupt America," helium said connected societal media Tuesday. "What's the constituent of a indebtedness ceiling if we support raising it?"

Early past month, Mr. Trump told NBC News determination would beryllium "serious consequences" for Musk if helium funds Democratic candidates who tally against Republicans who ballot successful favour of the fund measure.

Read Entire Article