NewTradingView.com – Investing and Stock News
Investing and Stock News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Editor's Pick

White House stands by tax bill after Musk calls it a ‘disgusting abomination’

by June 3, 2025
written by June 3, 2025
NEWYou can now listen to Fox News articles!

The White House defended the President Donald Trump-endorsed ‘big, beautiful bill’ Tuesday after outgoing DOGE-chief Elon Musk doubled-down on his criticism of the spending bill, calling it a ‘disgusting abomination.’

Musk, who has been openly critical of the proposed reconciliation bill, said Tuesday afternoon that he ‘just can’t stand it anymore.’

‘This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,’ Musk added in a Tuesday afternoon post on X. ‘Shame on those who voted for it: you know you did wrong. You know it.’

The bill passed the House in late-May, ahead of Memorial Day, largely along party lines. However, two Republicans did vote against the measure, citing insufficient spending cuts and a rising national debt. GOP Kentucky Sen. Rand Paul has also signaled he likely will not vote in favor of the bill in its current form, citing a debt ceiling increase that is a red-line for him. 

Trump has lashed out at Paul and others for opposing the bill, but he has taken a more measured approach to Musk’s criticism.

‘Look, the president already knows where Elon Musk stood on this bill,’ White House Press Secretary Karoline Leavitt said during a Tuesday afternoon press briefing when asked about Musk’s most recent criticism.

‘It doesn’t change the president’s opinion. This is one big, beautiful bill and he’s sticking to it,’ she said. 

Musk, who led the cost-cutting efforts at the Department of Government Efficiency (DOGE), previously criticized the bill during an interview with CBS, noting he was ‘disappointed’ in the spending bill because ‘it undermines’ all the work his DOGE team was doing.

In May, when Trump was asked about Musk’s criticism of the bill on CBS, he responded, ‘Well, our reaction’s a lot of things,’ before pivoting to talk about the votes needed to support pass the bill. 

‘Number one, we have to get a lot of votes, we can’t be cutting — we need to get a lot of support and we have a lot of support,’ he said. ‘We had to get it through the House, the House was, we had no Democrats. You know, if it was up to the Democrats, they’ll take the 65 percent increase.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump and Melania to headline power-player packed Kennedy Center opening night
next post
Trump to host thousands of admin officials for one of the largest events ever on White House lawn

You may also like

Israel’s actions against Iran create strategic opportunity for...

June 14, 2025

Israel strikes at the heart of Iran’s nuclear...

June 14, 2025

Time for Israel to take out ‘head of...

June 14, 2025

Israeli official vows ‘We have more surprises coming...

June 14, 2025

‘All-in’: GOP lawmakers divided on US involvement as...

June 14, 2025

Democratic lawmakers criticize Israel’s defensive strikes against Iran’s...

June 13, 2025

Biden-appointed judge thwarts Trump’s attempt to clean house...

June 13, 2025

Israel’s drone strikes in Iran show why US...

June 13, 2025

Nearly half of Americans back Israeli airstrikes on...

June 13, 2025

Iran threatens to hit US bases in the...

June 13, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!




    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Oil and natural gas: Oil is back on the positive side

    • 2

      Gold and Silver: Gold remains stable in the $2420 zone

    • 3

      The dollar index continues to pull back to a new low

    • 4

      IonQ Stock Review: Should You Consider Investing Now?

    • 5

      Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

    Recent Posts

    • Israel’s actions against Iran create strategic opportunity for US in nuclear talks, experts say

      June 14, 2025
    • Israel strikes at the heart of Iran’s nuclear ambitions in Isfahan offensive

      June 14, 2025
    • Time for Israel to take out ‘head of the snake,’ target members of Iranian regime, says former IDF intel chief

      June 14, 2025
    • Israeli official vows ‘We have more surprises coming up’ for Iran following wave of airstrikes

      June 14, 2025
    • ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

      June 14, 2025

    Categories

    • Economy (20)
    • Editor's Pick (490)
    • Investing (30)
    • Stock (61)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: NewTradingView.com, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 NewTradingView.com All Rights Reserved.


    Back To Top
    NewTradingView.com – Investing and Stock News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick