2025-05-28 16:55:09
Politics

Elon Musk Challenges Trump's Fiscal Policies

Elon Musk, the wealthiest man globally and former advisor to Donald Trump, has openly criticized Trump's legislative agenda known as the 'big beautiful bill.' Musk argues that the bill, rather than reducing the federal deficit, exacerbates it by adding $2.3 trillion, while funding a border wall with Mexico.

This criticism marks a clear departure from Trump's administration, mirroring Musk's earlier disagreements with Trump's trade policies. Musk's 'Doge' agency, aimed at cutting government waste, faces legal challenges from several states, questioning its authority.

Despite its reported savings of $150 billion, a U.S. District Judge ruled the agency was not legally authorized.

The legislative package, which has passed the House, proposes tax cuts and increased spending on military and immigration enforcement, while reducing funding for health and education. This has drawn concern from fiscal conservatives in the Senate.

Musk's outspoken stance has also strained his relationship with Republican voters, with Trump labeling critics of the bill as 'traitors.' Musk's criticism highlights a significant rift with Trump, reflecting broader discontent with the administration's fiscal direction.

The Guardian
28. Mai 2025 um 19:56

Elon Musk says Trump tax bill weakens Doge cost-cutting efforts

Elon Musk has criticized Donald Trump's tax bill, saying it undermines his cost-cutting efforts in the 'Doge' team. The bill, known as the One Big Beautiful Bill Act, is expected to add $2.3tn to the deficit and fund a border wall with Mexico. Musk had previously stepped back from the Trump administration after Tesla's earnings plummeted, and this criticism may fuel rumors of a growing rift between them.
Frankfurter Rundschau
28. Mai 2025 um 10:23

Elon Musk Backstabs Donald Trump: 'I Am Disappointed'

Donald Trump's budget package includes tax cuts in the trillions and increased spending on the military and border protection. Musk criticizes the decision to increase government spending instead of reducing it. Steve Bannon, a former advisor to Trump, has also criticized the measure.
The Guardian
29. Mai 2025 um 12:15

Musk criticises Trump’s ‘big beautiful bill’, saying tax plans undermine Doge measures – US politics live

Russian official Medvedev dismisses Trump's warning about Putin 'playing with fire'; Trump administration terminates $400m in funds for states to modernize unemployment insurance systems; Tuberville announces Alabama governor run, Trump appeals order on migrant deportations.
New York Times - Politics
28. Mai 2025 um 18:33

Musk ‘Disappointed’ With Major Trump Policy Bill, Saying It Will Increase Deficit

Elon Musk criticized the Republican bill intended to enact President Trump's domestic policy agenda, saying it would increase the federal budget deficit and undermine the administration's efforts to shrink government spending. The bill, which has passed the House, would slash taxes and increase military and immigration enforcement spending, while cutting health, education, and clean energy programs. Musk, who was appointed to lead the White House's government efficiency effort, said the bill is..
morgenpost
28. Mai 2025 um 13:42

Musk zerlegt Trumps „schönstes Gesetz“ – vor Millionen TV-Zuschauern

Elon Musk, der reichste Mann der Welt, kritisiert öffentlich Trumps umstrittenes Gesetzespaket "big beautiful bill". Musk, der zuvor als Trumps Berater fungierte, distanziert sich vom Sparkurs der Regierung. Gleichzeitig wird Musks "Doge"-Behörde, die Verschwendung im Staatsapparat aufdecken sollte, von mehreren Bundesstaaten rechtlich angefochten.
CW

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