Elon Musk Criticizes Trump's Spending Bill, Calls for Action

Elon Musk has taken a strong stance against President Trump's spending legislation, urging Americans to lobby Congress to reject it. He warns that the bill could lead to significant debt increases, dubbing it the 'Debt Slavery Bill'. Musk's comments come after his recent departure from a government role, and they have sparked considerable debate within Republican circles. As the White House maintains its support for the bill, Musk's influence could impact upcoming midterm elections. This article explores Musk's criticisms and the potential implications for US fiscal policy.
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Elon Musk Criticizes Trump's Spending Bill, Calls for Action

Musk's Call to Action Against Spending Legislation

Elon Musk, the CEO of Tesla, has launched a fresh critique of President Donald Trump's major spending initiative, urging citizens to pressure Congress to "KILL the BILL." This comes shortly after Musk's departure from his role as a special government employee, where he served for 130 days overseeing the Department of Government Efficiency (DOGE), aimed at reducing what he deemed excessive government spending.


His recent exit has sparked significant backlash aimed at the administration he once supported.


Earlier today, Musk escalated his criticism, warning that "America is heading towards debt slavery" and calling for a complete revision of the spending bill. He insisted, "A new spending bill must be created that does not significantly increase the deficit or raise the debt ceiling by 5 TRILLION DOLLARS."


Musk encouraged the public to contact their senators and representatives regarding the bill. In a post on X, he stated, "Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL."


In another message on X, he remarked, "This spending bill includes the largest debt ceiling increase in US history! It is the Debt Slavery Bill."


Musk's bold stance comes at a crucial time for Trump's self-described "big, beautiful bill," which includes extensive tax cuts and increased military funding. The House of Representatives narrowly approved the bill last month, with only three Republicans opposing it amidst strong Democratic opposition.


Musk's declaration to "fire all the politicians who betrayed the American people" in the upcoming midterm elections has resonated within Republican circles. His substantial financial contributions to their campaigns could pose a threat to incumbents facing primary challenges and jeopardize the party's chances of retaining control of Congress.


The White House has responded to Musk's outburst with notable calm. Press Secretary Karoline Leavitt stated that Trump is "already aware" of Musk's position, asserting: "This is one big, beautiful bill, and he’s sticking to it."


Trump aims to finalize the legislation by July 4, which includes a USD 4 trillion increase in the US borrowing limit. Advisors from the US Treasury Department warn that failing to implement this increase by August could lead to the nation's first-ever sovereign debt default.