Elon Musk has publicly voiced his frustration over President Donald Trump’s recently passed “One Big Beautiful Bill,” a multi-trillion-dollar tax cut and spending package. Musk criticized the legislation for undermining the cost-cutting efforts of the Department of Government Efficiency (DOGE), which he led, and for exacerbating the federal deficit.
In an interview with CBS News, Musk expressed disappointment, stating that the bill increases the budget deficit and contradicts the objectives of DOGE. He remarked, “I think a bill can be big or it can be beautiful. I don’t know if it can be both.”
The Congressional Budget Office estimates that the bill could add $3.8 trillion to the national deficit over the next decade. This projection has raised concerns among fiscal conservatives and financial markets, with some critics labeling the legislation as a significant upward transfer of wealth.
Musk’s critique marks a rare public disagreement with President Trump, highlighting tensions within the administration regarding fiscal policy. Following his departure from DOGE, Musk announced plans to refocus on his companies, including Tesla and SpaceX, while maintaining a limited advisory role in government efficiency initiatives.
This development underscores the challenges of balancing ambitious tax reforms with fiscal responsibility and the complexities of implementing large-scale government efficiency programs.
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