Elon Musk has made it clear he’s not happy with former President Donald Trump’s recently passed spending and tax bill, which is being called the “One Big Beautiful Bill.” While the legislation has already passed the House and is on its way to the Senate, Musk has raised some strong concerns — especially about the rising national debt and the rollback of clean energy policies.
Why Elon Musk Is Speaking Out
In a preview clip from an upcoming CBS Sunday Morning interview, Musk criticized the bill, saying it adds too much to the national debt and hurts the progress made by the Department of Government Efficiency, or DOGE — a federal program Musk previously helped lead.
“I was disappointed to see the massive spending bill, frankly,” Musk said in the interview, “which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.”
The bill proposes extending the 2017 tax cuts, increasing funding for border security, setting work requirements for Medicaid, and cutting back on clean energy tax credits. The Congressional Budget Office says this bill might increase the U.S. national debt by around $3.8 trillion by the year 2034.
Political Impact and Musk’s Future Plans
This statement from Musk comes as a surprise to many, considering he has been a financial supporter of Trump’s re-election campaign. But now, Musk says he’s rethinking that support and pulling back from his involvement in political efforts like DOGE.
He even joked during the interview, “I think a bill can be big or it can be beautiful. But I don’t know if it can be both.”
As the bill moves to the Senate, some Republicans are also starting to voice their concerns, particularly about Medicaid cuts and the potential damage to clean energy progress.
Image Source:Reuters
