Elon Musk has broken with Donald Trump, whom he assisted in winning reelection in 2024, by criticising one of his trademark programs. Trump’s “big, beautiful” plan, which includes multi-trillion dollar tax relief and a commitment to raise Pentagon spending, was just barely approved by the US House of Representatives last week. The Senate will now consider it.
Musk, the tech tycoon, told CBS News, the BBC’s US partner, that he was “disappointed” by the idea and that it “undermines” the work he done for the president. Before declaring he would resign, Musk was appointed as Trump’s cost-cutting czar, which included cutting off funding for US foreign aid and other initiatives. “I was disappointed to see the massive spending bill, frankly,” Musk stated during the CBS Sunday Morning interview, a segment of which the network made public before to airing.
Trump’s proposal “increases the budget deficit, not just decreases it,” he continued. The measure is estimated to raise the deficit, or the gap between the US government’s revenue and expenditures, by around $600 billion (£444 billion) in the upcoming fiscal year. Additionally, Musk said that the law “undermines the work that the Doge team is doing,” referring to the Department of Government Efficiency, an advising group on cost-cutting.
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