Musk Renews Harsh Attack on Senate Version of Trump's Big Tax Bill
By Reuters | 28 Jun, 2025
Several weeks after the squabble triggered by his "disgusting abomination" assessment of the original House version of Trump's tax-and-spend bill, Elon Musk offers up equally harsh words for the latest Senate version.
Elon Musk and Donald Trump in the Oval Office while Musk was heading up DOGE. (Frame from Reuters Video)
Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks after the world's richest person and its most powerful ended a feud sparked by Musk's opposition to the bill.
"The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!" Musk wrote in a post on X.
"It gives handouts to industries of the past while severely damaging industries of the future."
(Reporting by Ryan Patrick Jones; Editing by Scott Malone)
"It gives handouts to industries of the past while severely damaging industries of the future."
Recent Articles
- CATL to Supply EV Chassis in First Overseas Project in Turkey
- 3 Asian Chip Giants Become New Investor Focus Amid AI Bull Run
- Tesla's China-Made EV Sales Jumped 36% in April
- Chinese Tanker Attacked Near Strait of Hormuz
- McDonald's Misses US Sales Growth Target as Consumer Spending Tightens
- China's May Day Tourism Rises but with Restrained Spending
- Energy Crunch to Persist Even If Iran Peace Deal Struck Says Maersk
- Jobless Claims Increased Less Than Expected Amid Low Layoffs
- Oil Falls Below $100 a Barrel on Middle East Peace Hopes
- The New Intelligentsia: Asian Big-Tech AI Researchers