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Musk-Trump Rift Deepens as Senate Debates ‘One Big Beautiful Bill’

Senators’ scrutiny of the legislation’s $2.4 trillion deficit addition highlights stark GOP divisions before the July 4 vote.

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© Photo by ALLISON ROBBERT/AFP via Getty Images

Overview

  • Elon Musk has labeled the $4 trillion spending and tax package the “Debt Slavery Bill,” calling it a “disgusting abomination” and urging his followers on X to contact lawmakers to “kill the bill.”
  • The House-passed bill would extend Trump’s 2017 tax cuts, boost border security and defense spending, cut social safety nets and eliminate the $7,500 electric-vehicle tax credit, a move that directly affects Tesla.
  • Congressional Budget Office projections show the measure adds $2.4 trillion to deficits over the next decade and raises the debt ceiling by $5 trillion, while the White House counters it will reduce the deficit by $6.6 trillion.
  • Senate Republicans such as Rand Paul have voiced concerns about the debt ceiling increase and pressed for separate votes on fiscal targets and deeper spending cuts.
  • Despite Musk’s threats to fund primary challengers in 2026, House Speaker Mike Johnson and President Trump continue to back the bill as a driver of economic growth.