Overview

• On June 28 Musk denounced the Senate version of the Big Beautiful Bill on X as “utterly insane and destructive,” claiming it would destroy millions of jobs and harm national strategic interests.
• The draft would impose taxes on wind and solar projects not begun by the end of 2027 and require proof of zero Chinese materials, sparking fears of stifled renewable energy growth.
• The bill bundles extensions of 2017 tax cuts, stricter immigration enforcement, higher defense spending, and social program cuts, financed by trillions in new deficit spending.
• After leaving his role at the Department of Government Efficiency on May 29, Musk’s latest critique marks his return to political discourse following a brief detente with President Trump.
• With the House approval secured by a single vote, key Republicans including Sens. Rand Paul and Ron Johnson have vowed to oppose the measure in the Senate over its debt-ceiling provisions before the July 4 deadline.