Musk states to “KILL the BILL” on X
(MENAFN) Elon Musk has taken a firm stance against Leader Donald Trump's tax and spending legislation, voicing his concerns over its potential to severely strain the nation's finances. According to reports, the measure is projected to boost the US budget deficit by an estimated $2.42 trillion over the next ten years.
“Bankrupting America is NOT ok!” Musk declared on his X platform, (previously known as Twitter), where his following surpasses 220 million. He didn’t stop there, urging citizens to “call your Senator, call your Congressman” to push back against the bill, which must still pass the Senate before reaching the president’s desk for approval.
The bill recently gained a slim majority in the House of Representatives. On the same day, the Congressional Budget Office shared its estimate of the proposal’s fiscal impact: a potential federal debt increase nearing $2.5 trillion if enacted.
Musk, who recently left his role as the head of Trump’s Department of Government Efficiency (DOGE)—an initiative dedicated to trimming federal expenditures—sharply criticized the president’s plan. He labeled it “massive, outrageous, pork-filled Congressional spending bill” and called it “a disgusting abomination.”
The CBO’s assessment of what Trump has referred to as his “One Big Beautiful Bill” points to a $3.67 trillion drop in anticipated revenue and a $1.25 trillion reduction in spending over the next decade compared to standard projections.
Nonetheless, both Democrats and conservative Republicans—Musk included—have expressed alarm that the bill could put the US economy at risk.
“KILL the BILL,” Musk concluded.
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