
Elon Musk slams the $5.1T "One Big Beautiful Bill," warning of U.S. bankruptcy as political leaders clash over debt, spending, and fiscal priorities.
Musk's exit from DOGE doesnโt silence himโhe joins lawmakers in criticizing the bill, while the White House defends it as vital for tax relief.
Elon Musk has reignited the national debate on government spending with a fiery outburst against Congress. Reacting to the newly passed โOne Big Beautiful Bill Act,โ Musk called it a โdisgusting abominationโ and warned that itโs pushing the United States toward bankruptcy. In a post on X, he took a jab at this bill and said, โIโm sorry, but I just canโt stand it anymore.โ Muskโs controversial statements are not new, and this one is hitting hard, creating a storm inside the white house.ย
Trillions in New Debt
The bill, championed by President Donald Trump, is projected to add up to $5.1 trillion to the U.S. national debt over the next decade, according to the Committee for a Responsible Federal Budget. Musk echoed those concerns, warning that it would โmassively increase the already gigantic budget deficit to $2.5 trillionโ and load American citizens with โcrushingly unsustainable debt.โ
End of DOGE Role, Not the Criticism
Muskโs comments come just days after he stepped down from his role leading the Department of Government Efficiency (DOGE). Though no longer in an official position, he stressed that the mission of DOGE would continue within government structures. His exit didnโt mute his voice, he has strongly objected to the bill despite of congress funding cut initiated on DOGE.ย
However, Musk isnโt alone in his frustration. Senator Rand Paul echoed Muskโs concerns, calling the bill โa huge mistake.โ He criticized the reckless addition of trillions in federal debt and emphasized the need for fiscal discipline. Meanwhile, the White House defended the bill, calling it vital for preserving tax relief. Despite the backlash, White House Press Secretary Karoline Leavitt defended the bill, saying it preserves tax relief and supports national interests.
As America braces for what could be a deeper fiscal divide, Muskโs warnings are sparking fresh outrage and perhaps a new round of political debate.
Not All in Syncโฆ.
Meanwhile, House Speaker Mike Johnson pushed back strongly against Elon Muskโs criticism of the new spending bill, suggesting on X that any cuts recommended by the now-defunct DOGE initiative would be formally handled through Congressโs rescissions and appropriations processes. Responding to Muskโs alarm over rising federal debt, Johnson insisted that โwith all due respect, Elon is simply wrong about the One Big Beautiful Bill,โ signaling deep disagreement over the billโs fiscal impact.
In response, Senator Mike Lee warned that current government spending has reached a crisis point, especially since 2020, and stressed that it canโt be ignored. While acknowledging that the โBig, Beautiful Billโ is a reconciliation package, he argued it must go further to address the problem meaningfully, especially if it hopes to pass the Senate.
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FAQs
It’s a U.S. budget reconciliation bill proposing tax cuts, spending adjustments, and a $4T debt ceiling increase, potentially adding $5.1T to national debt.
It extends 2017 tax cuts, increases defense spending, cuts Medicaid and SNAP funding, and raises the debt ceiling by $4T.
Musk left DOGE but said its mission will continue in government despite funding cuts.