Trump's Big Beautiful Bill

Discussion in 'Politics' started by gwb-trading, Jun 3, 2025 at 3:51 PM.

  1. gwb-trading

    gwb-trading

    'A disgusting abomination': Elon Musk doubles down on his criticism of Trump's 'big, beautiful bill'
    https://finance.yahoo.com/news/a-di...m-of-trumps-big-beautiful-bill-181953569.html

    Elon Musk offered his harshest rebuke yet of President Trump’s signature "big, beautiful" tax and spending bill advancing on Capitol Hill Tuesday, saying it is instead "a disgusting abomination."

    "Shame on those who voted for it: you know you did wrong," he added in one of multiple posts.

    Musk, as well as other tech leaders, have spoken out against the bill in recent days, but the new commentary Tuesday from the world's richest man (which numbered four posts Tuesday afternoon in quick succession) was a clear escalation of his effort against the package and earned quick endorsements from fiscal conservatives on Capitol Hill.

    "He's right," posted Rep. Thomas Massie of Kentucky, one of the few Republicans to vote against the bill when it recently advanced in the House of Representatives.

    Musk responded to Massie's response, calling it "simple math."

    The post put Musk and President Trump on polar opposites of the debate in Washington, with the president set to push hard for the bill's passage in coming weeks, including his own post Tuesday morning on fiscal conservatives who have criticized the bill's multitrillion-dollar price tag.

    "Look, the president already knows where Elon Musk stood on this bill, it doesn't change the president's opinion," White House press secretary Karoline Leavitt said Tuesday afternoon.

    "This is one big, beautiful bill and he's sticking to it," she added.

    'Undermines the work that the DOGE team is doing'
    This isn't the first time Musk has hit out at Trump's reconciliation package.

    In a recent interview with CBS, Musk said he was "disappointed" with the bill and claimed it "increases the budget deficit ... and undermines the work that the DOGE team is doing," in reference to the Department of Government Efficiency effort that Musk led until recently.

    Trumps-BBB-numbers.jpg

    Musk oversaw DOGE and left the White House to focus on his companies. Last Friday was his last day as a special government employee.

    Musk appeared at the White House last week to mark the end of his time in Washington and declined to repeat his critiques of Trump's tax agenda.

    He stood by silently as Trump said his "big, beautiful bill" would "cut deficits" — a claim that nearly every outside observer and Musk himself said is false.

    It was an event that saw the two men repeatedly praise each other in person, but Musk clearly had more to say about the package, which could add more than $3 trillion to the US national debt over the coming decade.

    "I'm sorry, but I just can't stand it anymore," he said in one of his posts.
     
    insider trading likes this.
  2. Probably realizing it is more profitable to be a Democrat.
     
  3. Nine_Ender

    Nine_Ender

    It's ok for Trump he loses some support from Musk but continues to have the unlimited support of posters Volpri and TreeFrogTrader :).
     
  4. newwurldmn

    newwurldmn

    Elon wants this. Because it hurts his competition more than it hurts him. This is one of the most important reasons he went MAGA.

    His fortune only exists because he got a jump start with significant Obama subsidies. Now he wants to shut that down. He's a proper conservative like all those latinos and indians who want to keep the next set of latinos and indians out of the country.
     
  5. newwurldmn

    newwurldmn

    The amount DOGE saved by killing kids in Africa is wiped out every week in tax cuts for the rich.
     
  6.  
    Atlantic likes this.
  7. newwurldmn

    newwurldmn

    A headline i just read said that the tax bill will leave 11MM without health insurance. I am supportive of this. Obama put it in everyone's head that they have a right to healthcare. The poor should not and the middle class should be dependent on their employers for health insurance.
     
  8. gwb-trading

    gwb-trading

    So tell us why the middle class should be dependent on their employers for health insurance? There is an increasing number of employers (with middle class employees) who no longer offer healthcare insurance -- or only include high-deductible HSA plans that barely cover anything. Sadly hospitals and large medical practices are some of the employers with the worse health plans; many times the nurse who is treating you can't afford their own medical bills due to piss-poor health coverage from their employers?
     
  9. newwurldmn

    newwurldmn

    because America gave Trump a mandate. This is what we want.

    the only problem is that the Trump family isn’t directly profiting from this.