Elon Musk Opposes Trump’s Tax Bill, Citing Deficit Concerns

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Elon Musk has come out against President Trump’s “One Big Beautiful Bill Act,” warning it will reverse the cost savings achieved by the Department of Government Efficiency (DOGE). Musk, who led DOGE until recently, said he was “disappointed” by the bill, which he claims will “increase the budget deficit”.
The bill, which narrowly passed the House, extends tax cuts, increases defense spending, and cuts social programs. Critics, including Musk, warn it could add over $3 trillion to the deficit, despite claims it will boost economic growth.
Musk’s comments highlight growing divisions within the Republican Party over fiscal policy and government spending priorities.

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