Overview
- On May 30, Musk resigned from the Department of Government Efficiency after raising concerns about the bill’s fiscal impact.
- On June 3, the Tesla and SpaceX CEO took to X to denounce the measure as a “massive, scandalous” and “pork-laden” spending package he labeled a “repugnant abomination.”
- He cautioned the proposal would add roughly $2.5 trillion to $2.7 trillion to the federal deficit by 2034, a level he deemed unsustainable.
- The House approved the plan by a single-vote margin and Senate Republicans are negotiating revisions ahead of a final vote before July 4.
- White House spokesperson Karoline Leavitt asserted that Musk’s remarks will not sway President Trump’s support for the so-called “big, beautiful” bill.