Musk 'Disappointed' With Trump-Backed Tax & Spending Bill
Elon Musk is not entirely happy with the tax and spending bill backed by President Donald Trump, Politico reports.
In a CBS interview excerpt, the billionaire, who has been overseeing the Department of Government Efficiency, says spending in the bill contradicts DOGE.
“I was disappointed to see the massive spending bill, frankly, which increases the deficit, not just decreases it, and undermines the work that the DOGE team is doing,” the Tesla CEO told “CBS Sunday Morning,” with the full interview set to run on June 1.
“I think a bill can be big, or it can be beautiful — but I don’t know if it can be both, in my personal opinion,” Musk said of the bill, which narrowly passed the House of Representatives.
Musk launched DOGE with the goal of saving taxpayers $2 trillion. Instead, by cutting or paring back 11 federal agencies and eliminating 250,000 government jobs, DOGE has reduced the U.S. budget by $160 billion.