• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Musk Renews Criticism Of The One Big Beautiful Bill

June 4, 2025
Comfort Ampomaaby Comfort Ampomaa
in USA
0
Musk Calls For Trump's Impeachment

Tesla CEO, Elon Musk.

Billionaire Elon Musk has renewed his criticisms of President Donald Trump’s signature budget bill, known as the One Big Beautiful Bill, calling into question its priorities and long-term impact.

In the lead-up to leaving his post in the Trump administration, Musk appeared in previews for a TV show denouncing the One Big Beautiful Bill. He described its provisions as contrary to the spirit of DOGE’s spending cuts.

Just days after leaving his post, Musk offered yet another broadside against the legislation in a series of social media posts.

RelatedPosts

Trump Reaches Trade Deal With Japan

Trump Hints Trade Deal With The Philippines

US To Withdraw From UNESCO Again

Musk Renews Criticism Of The One Big Beautiful Bill
Elon Musk

“I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.

“Shame on those who voted for it: you know you did wrong. You know it.”

Elon Musk

His subsequent posts laid out the reasoning for his opposition, suggesting that the spending and tax cuts proposed in the bill would balloon the US national debt. “It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt,” Musk said in one post.

In another, he wrote, “Congress is making America bankrupt.”

The bill would extend tax cuts established in 2017, during Trump’s first term, and funnel more funds to his administration’s priorities, including $46.5bn for the construction of barriers at the US border with Mexico.

Musk Renews Criticism Of The One Big Beautiful Bill
US President, Donald Trump, left, and Elon Musk.

However, to accomplish those goals, critics have pointed out that the legislation would lift the cap on the national debt by $4 trillion. It would also limit access to social safety-net programmes like Medicaid and the Supplemental Nutrition Assistance Program (SNAP), known colloquially as food stamps.

The Congressional Budget Office, a nonpartisan bureau that provides research to Congress, estimates that the bill will result in a $698bn reduction in Medicaid subsidies and $267bn less in funding for SNAP.

Those trade-offs have spurred concern on both sides of the aisle, with Democrats and some Republicans expressing fears that their constituents may lose their access to vital government services.

In an early-morning vote on May 22, 2025, the House of Representatives narrowly passed the One Big Beautiful Bill by a tight vote of 215 to 214.

Republicans hold a 220-seat majority in the 435-member chamber, but several members were either absent or voted “present.”

Only two Republicans — Thomas Massie of Kentucky and Warren Davidson of Ohio — broke with party ranks to vote against the bill. The House’s 212 Democrats all voted against it as well, in a unified show of opposition.

That sent the bill to the Senate, where Republicans likewise hold a razor-thin majority. Senators are expected to weigh the bill in the coming days.

Musk’s Dissent Against Bill Supported

Musk’s Dissent Against Bill Supported
Elon Musk

Following Musk’s criticisms of the One Big Beautiful Bill, Thomas Massie applauded the billionaire for his frank criticism.

Massie noted in a brief post, “He’s right,” to which Musk responded that his opposition was rooted in “simple math.”

Also, Senator Rand Paul of Kentucky voiced his support for Musk’s dissent against the bill on Tuesday.

“I agree with Elon. We have both seen the massive waste in government spending and we know another $5 trillion in debt is a huge mistake. We can and must do better.”

Rand Paul

Musk also called on voters to “fire all politicians who betrayed the American people” during the 2026 midterm elections — referencing what he considered wasteful spending.

Until last week, Musk had served as a special government employee in the second Trump administration, helping to lead the newly created Department of Government Efficiency (DOGE) since the President’s inauguration in January.

In that advisory role, Musk was tasked with identifying and eliminating “waste” in the federal bureaucracy.

His and DOGE’s efforts to slash the federal workforce, yank contracts and shutter government agencies, however, made them both a target for widespread criticism and lawsuits.

Opponents accused Musk of engaging in conflicts of interest, including by attacking watchdog groups like the Consumer Financial Protection Bureau.

READ ALSO: Cedi Gains Offer Lifeline to ECG Amid Sector Financial Crisis

Tags: Budget billDOGEDonald Trumpelon muskThe One Big Beautiful Bill
Please login to join discussion
Previous Post

ICC Clears First In Absentia Hearing For Kony

Next Post

Interior Ministry Dismisses Fake Security Recruitment Message

[mc4wp_form id="1264"]

Related Posts

President John Dramani Mahama and Attorney General Dr Dominic Ayine
General News

Mahama Refers Electoral Violence Report to Attorney-General for Legal Review

July 23, 2025
Davido Pays Tribute To Late Son Ifeanyi
Entertainment

Davido Pays Tribute To Late Son Ifeanyi

July 23, 2025
Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors
Banking

Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors

July 23, 2025
PAC Chair decries public debt mismatch
General News

GHC 138bn Massive Public Debt Error Raises Accountability Fears

July 23, 2025
Richie Mensah Reveals Kuami Eugene’s Status With Record Label
Entertainment

Artists Deserve Freedom Beyond Record Labels

July 23, 2025
Sudan’s Civilian Bloc Backs ‘Diplomatic War’ Push
Africa

Sudan’s Civilian Bloc Backs ‘Diplomatic War’ Push

July 23, 2025
President John Dramani Mahama and Attorney General Dr Dominic Ayine
General News

Mahama Refers Electoral Violence Report to Attorney-General for Legal Review

by Evans Junior OwuJuly 23, 2025
Davido Pays Tribute To Late Son Ifeanyi
Entertainment

Davido Pays Tribute To Late Son Ifeanyi

by Esther Korantemaa OffeiJuly 23, 2025
Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors
Banking

Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors

by Stephen M.CJuly 23, 2025
PAC Chair decries public debt mismatch
General News

GHC 138bn Massive Public Debt Error Raises Accountability Fears

by Lilian AhedorJuly 23, 2025
Richie Mensah Reveals Kuami Eugene’s Status With Record Label
Entertainment

Artists Deserve Freedom Beyond Record Labels

by Esther Korantemaa OffeiJuly 23, 2025
Sudan’s Civilian Bloc Backs ‘Diplomatic War’ Push
Africa

Sudan’s Civilian Bloc Backs ‘Diplomatic War’ Push

by Lawrence AnkutseJuly 23, 2025
President John Dramani Mahama and Attorney General Dr Dominic Ayine
Davido Pays Tribute To Late Son Ifeanyi
Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors
PAC Chair decries public debt mismatch
Richie Mensah Reveals Kuami Eugene’s Status With Record Label
Sudan’s Civilian Bloc Backs ‘Diplomatic War’ Push
[/vc_row_inner]

Recent News

  • Mahama Refers Electoral Violence Report to Attorney-General for Legal Review
  • Davido Pays Tribute To Late Son Ifeanyi
  • Stanbic Ghana Shines as Standard Bank Group Sweeps Euromoney Honors
  • GHC 138bn Massive Public Debt Error Raises Accountability Fears
  • Artists Deserve Freedom Beyond Record Labels
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.