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Date: June 29, 2025
By: USA NEWS TODAY
Tech billionaire Elon Musk has once again publicly criticized former President Donald Trump’s massive tax-and-spending bill, calling it “fiscally reckless” and “politically toxic” as Senate Republicans race to secure enough votes to pass the measure.
The outspoken Tesla and SpaceX CEO took to X (formerly Twitter) late Thursday night, voicing frustration over what he described as “short-term political games disguised as economic strategy.”
“You can’t print prosperity,” Musk wrote. “This bill is not capitalism. It’s a bloated attempt to buy votes with borrowed money.”
đ A Familiar Critic with a Growing Voice
This isn’t the first time Musk has clashed with Trump over policy, but his latest remarks come at a crucial moment. Senate Republicans are scrambling to unify behind the legislation, which includes deep tax cuts, defense spending increases, and controversial reductions in social safety net programs.
With the vote margin razor-thin, public opposition from a high-profile figure like Musk adds pressure to an already delicate situation on Capitol Hill.
đ Senate GOP in Crunch Time
The bill narrowly passed its first procedural vote on Friday, but final passage remains uncertain. Several GOP senators from swing states have expressed concern about the political fallout from cuts to Medicare, education, and green energy subsidies.
One senior Republican aide admitted, “We’re balancing Trump’s base with midterm math, and it’s not easy.”
đ Musk’s Broader Warning
Musk warned that the bill could have “global economic consequences,” citing America’s ballooning national debt and fragile global markets. He also hinted that such fiscal decisions could undermine innovation and entrepreneurship, industries he champions.
“America’s future can’t be mortgaged to fund the past,” Musk said. “This is the kind of thinking that kills real innovation.”
đ Political Theater or Genuine Concern?
While Trump allies dismissed Musk’s comments as out-of-touch elitism, critics within the GOP are privately worried. Some fear that losing Musk’s support could alienate independent voters and influential investors.
“Like him or not, Elon Musk speaks to a generation of Americans disillusioned with both parties,” said political analyst Dana Foster. “His criticism carries weight, especially among young entrepreneurs and the tech-savvy middle class.”
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What Happens Next?
The Senate is expected to hold a final vote early next week. As lawmakers negotiate behind closed doors, all eyes are on the holdouts—and on whether public figures like Musk will influence the outcome.
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