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

Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’

by June 4, 2025
written by June 4, 2025
NEWYou can now listen to Fox News articles!

Speaker Mike Johnson, R-La., is rebuffing Elon Musk’s call for a brand-new budget reconciliation bill, deepening the tech billionaire’s rift with Republicans in Washington.

‘A new spending bill should be drafted that doesn’t massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS,’ Musk wrote on X Wednesday.

He ratcheted up his rhetoric shortly after, posting, ‘KILL the BILL.’

But Johnson said the timeline was working against Congress and that an overhaul of President Donald Trump’s massive agenda bill was unfeasible. 

Johnson said when asked for a response by Fox News, ‘We don’t have time for a brand new bill.’

‘I want Elon and all my friends to recognize the complexity of what we’ve accomplished here. This extraordinary piece of legislation – record number of savings, record tax cuts for the American people and all the other benefits in it,’ the speaker told reporters.

‘We worked on the bill for almost 14 months. You can’t go back to the drawing board, and we shouldn’t. We have a great product to deliver here.’

Johnson cautioned critics of the bill not to let the perfect be the enemy of the good.

‘We’re proud of this product. The House Republicans are proud of it, and we’re happy to go out and explain that to everybody,’ Johnson said.

The Louisiana Republican said during a press conference earlier that he was ‘surprised’ by Musk’s criticism.

The speaker previously also pointed out that Republicans are planning to codify spending cuts identified by Musk’s Department of Government Efficiency (DOGE) in a different vehicle than the reconciliation process.

Musk has been bearing down hard on the legislation, putting Republican lawmakers in a difficult spot after months of lauding his work with DOGE.

The massive bill passed by the House and currently being considered by the Senate advances Trump’s priorities on taxes, immigration, energy, defense, and the debt limit.

It passed the House 215 – 214 with all but three House Republicans not voting ‘yes.’

House GOP leaders, noting their slim margins, have urged the Senate to change as little as possible in the bill. But the Senate GOP has its own razor-thin majority, and lawmakers there have already signaled they want to see at least some changes.

The White House, meanwhile, has stood by the bill.

‘The president already knows where Elon Musk stood on this bill. It doesn’t change the president’s opinion. This is one big, beautiful bill, and he’s sticking to it,’ Press Secretary Karoline Leavitt said Tuesday.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Nationwide coordinated retail crime crackdown results in hundreds of arrests, authorities say
next post
Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s ‘big, beautiful bill’

You may also like

Arrest of Chinese nationals in swing state, Israel’s...

June 21, 2025

State Department says it has provided guidance to...

June 21, 2025

Trump and Rubio secure Rwanda-Congo peace treaty amid...

June 21, 2025

Several provisions fail to pass muster with Senate...

June 21, 2025

‘She’s wrong’: Trump says Tulsi Gabbard incorrect about...

June 20, 2025

WATCH: Dem senators blame Trump for Iran crisis...

June 20, 2025

As Iran talks get underway, expert raises alarm...

June 20, 2025

European diplomats urge Iran to continue US nuclear...

June 20, 2025

Four plead guilty in massive bribery scheme at...

June 20, 2025

Trump ‘doesn’t need permission’ from Congress to strike...

June 20, 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

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

    • 2

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

    • 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

    • Arrest of Chinese nationals in swing state, Israel’s fight with Iran are ‘wake up’ call on CCP threat: experts

      June 21, 2025
    • Tesla agrees to first deal to build China’s largest grid-scale battery power plant

      June 21, 2025
    • Trump and Rubio secure Rwanda-Congo peace treaty amid Pakistan’s Nobel Prize nomination

      June 21, 2025
    • State Department says it has provided guidance to more than 25,000 people in Israel, West Bank and Iran

      June 21, 2025
    • Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

      June 21, 2025

    Categories

    • Economy (20)
    • Editor's Pick (446)
    • Investing (30)
    • Stock (58)
    • 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