‘Trump's tax bill will destroy millions of jobs in US': Elon Musk renews criticism of Trump's bill as it faces Senate vote
Billionaire entrepreneur Elon Musk renewed his criticism of US President Donald Trump's sprawling tax and spending cuts bill on Saturday, as he argued that the legislation which Republican senators are scrambling to pass this week would kill jobs and bog down the industries.
Musk, who has previously sparred with President Trump over the bill, wrote on X that 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country.' The tech billionaire, who runs Tesla, SpaceX among other companies, added 'It gives handouts to industries of the past while severely damaging industries of the future.'
The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!
Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future. https://t.co/TZ9w1g7zHF
— Elon Musk (@elonmusk) June 28, 2025
The US Senate is scheduled to call a vote to open debate on the 1,000 page bill this week. Musk, who celebrated his 54th birthday on June 28, quoted a poll by the Tarrance Group and said 'Polls show that this bill is political suicide for the Republican Party.'
Polls show that this bill is political suicide for the Republican Party pic.twitter.com/HJwKZ9g4tu
— Elon Musk (@elonmusk) June 28, 2025
Musk's criticism of Trump's 'big, beautiful bill' comes amid a recent fiery conflict between the former head of the Department of Government Efficiency (DOGE) and the Trump administration. Musk's push to stop the bill brings another headache for the Republican senators who are working overtime to get the bill passed by July 4, the deadline set by the US president.
A few days after Musk left the Trump administration in May, the billionaire made his stance clear on the bill and called it 'pork-filled' and a 'disgusting abomination.' Earlier in June, Musk had said 'Shame on those who voted for it: you know you did wrong. You know it.'
The Republicans would face hurdles in passing the bill as not all the GOP leaders are on the same page as that of the Trump administration. Republicans would need full support in the House of Representatives and Senate by GOP leaders to get the bill passed due to a razor thin majority of Trump's party in both the houses.
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