logo
Elon Musk hammers large-scale government spending

Elon Musk hammers large-scale government spending

Daily Mail​5 days ago

Elon Musk says most of the savings made by the Department of Government Efficiency (DOGE) will be wiped out within a year by President Donald Trump's freshly unveiled 'big, beautiful bill.' Musk made the astounding comments during a blistering interview aired on Sunday despite initially declaring he only wanted to avoid discussing 'presidential policy' and stick to 'spaceships'.
In a previously released clip last week, Musk took aim at Trump's bill saying that he didn't think it could be both big and beautiful - just one or the other. Speaking just days after officially leaving his advisory post, Musk warned that Trump's sweeping legislation would quickly obliterate the fiscal reforms DOGE had fought for. 'I was, like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, doesn't decrease it, and undermines the work that the DOGE team is doing,' Musk told CBS Sunday Morning.
The 'big, beautiful bill,' hailed by Trump as the keystone of his second-term agenda, proposes $5 trillion in tax cuts alongside aggressive new spending hikes, lifting the debt ceiling by more than $4 trillion over two years. Despite its ambitions, reshaping tax law, overhauling immigration policy, and slashing Medicaid benefits in the future, Musk believes the bill is fundamentally at odds with the hard choices DOGE made to streamline government. 'I actually thought that, when this "big, beautiful bill" came along, it'd be like, everything he's done on DOGE gets wiped out in the first year,' CBS reporter David Pogue said bluntly. 'I think a bill can be big or it can be beautiful... but I don't know if it could be both. My personal opinion,' Musk laughed.
It was a rare, public rebuke of Trump from Musk - a man once dubbed the president's 'first buddy' and hailed on the campaign trail as a 'truly incredible guy' by Trump himself. Musk spent $288 million supporting Trump's election and became a fixture at the White House, invited into Cabinet meetings and leading the charge to slash federal bureaucracy with DOGE's chainsaw-wielding fervor. But after months of political warfare, Musk's relationship with Washington, and with Trump, has cooled. Lawsuits and protests coupled with a 71 percent crash in Tesla profits followed DOGE's drastic cuts which saw 250,000 federal workers either fired or bought out across every federal department. Musk saw grants slashed and staffing culled at environmental agencies including the EPA and NOAA, despite decades of warning about the risks of climate change.
Musk's personal net worth shrank by $100 billion, whilst government workers blamed DOGE for everything from Social Security delays to shuttered national parks. 'It's a bit unfair because DOGE became the whipping boy for everything,' Musk said. 'If there was some cut, real or imagined, everyone would blame DOGE. 'I've had people think that, like, somehow, DOGE is going to stop them from getting their Social Security check which is completely untrue,' he went on. 'We became essentially the DOGE boogeyman, where any cut anywhere would be ascribed to DOGE,' he said. Originally touting a $2 trillion savings goal, Musk later revised his target to $1 trillion. In the end, Musk claims DOGE managed to slash an estimated $175 billion before his departure - a far cry from his lofty ambitions.
Yet now, with Trump's bill promising $3.8 trillion in added debt over the next decade, Musk believes even those savings would essentially be rendered meaningless. 'We do expect, over time, to achieve a trillion,' Musk explained on Friday during his farewell press conference, but it was also clear he knew that a huge wave of fresh spending would overwhelm any of DOGE's victories. Musk's departure came after CBS previewed the interview in which he criticized the bill in a clip that quickly went viral and reached the Oval Office within hours. The timing was no coincidence: Musk's formal 130-day stint as a 'Special Government Employee' was over - yet until that moment, Musk seemed to imply that he would continue contributing to White House efforts part-time. At an Oval Office farewell event on Friday, both men tried to downplay the rupture.
Trump presented Musk with a ceremonial gold key, praising him as a 'very special person.' 'Elon's really not leaving,' Trump said. 'He's going to be back and forth, I think. I have a feeling. DOGE is gonna continue, just as a way of life,' Musk told CBS. 'I will have some participation in that, but as I've said publicly, my focus has to be on the companies at this point.' Sporting a noticeable black eye that he claimed to have received from a playful punch by his son 'Little X' he also made sure to praise the president one last time. The DOGE team is doing an incredible job. They're going to continue doing an incredible job, and I will continue to be visiting here and be a friend and advisor to the president,' Musk said. Despite the highly choreographed moment, there still appeared to be some tension.
'My frank opinion of the government is that it's just like the DMV that got big, okay?' Musk told CBS. 'When you say, "Let's have the government do something," you should think: "Do you want the DMV to do it?" 'It's not like I agree with everything the administration does. But we have differences of opinion. There are things that I don't entirely agree with. But it's difficult for me to bring that up in an interview because then it creates a bone of contention,' Musk explained. 'So then, I'm a little stuck in a bind, where I'm like, well, I don't want to, you know, speak up against the administration, but I also don't want to take responsibility for everything this administration's doing.' Following the CBS interview, Musk returned to SpaceX's Texas headquarters, where he attended the ninth test launch of Starship. As the massive rocket spiraled out of control and disintegrated upon re-entry, some observers couldn't help but note the symbolism. 'I can't guarantee success, but I can guarantee excitement,' Musk noted dryly.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Leaders of the Jan. 6 riot take revenge against US after securing pardon from Trump
Leaders of the Jan. 6 riot take revenge against US after securing pardon from Trump

Daily Mail​

time39 minutes ago

  • Daily Mail​

Leaders of the Jan. 6 riot take revenge against US after securing pardon from Trump

Five former members of the Proud Boys are looking for a little revenge after getting a pardon from Donald Trump, filing a $100million lawsuit against the Department of Justice. One of the first moves of Donald Trump's second term was to pardon all January 6 defendants which included members of the far right Proud Boys. Former Proud Boys chairman Enrique Tarrio, Joseph Biggs, Zachary Rehl, Ethan Nordean and Dominic Pezzola have filed the suit in Orlando federal court. While Tarrio received a pardon, the other four plaintiffs had their sentences commuted. The lawsuit said all four applied for pardons on May 13. They claim their constitutional rights were violated when they were prosecuted for their participation in the attack on the U.S. Capitol. The suit seeks unspecified compensatory damages plus 6% interest and $100 million plus interest in punitive damages. 'There was hostages in this country,' Tarrio said during a news conference Friday afternoon. 'It's not about any other country today, and that's why this lawsuit is so important to bring back law and order into our system.' The lawsuit claims the men were arrested with insufficient probable cause and that government agents later 'found' fake incriminating evidence. They also claim they were held for years in pretrial detention, often in solitary confinement. 'The Plaintiffs themselves did not obstruct the proceedings at the Capitol, destroy government property, resist arrest, conspire to impede the police, or participate in civil disorder, nor did they plan for or order anyone else to do so,' the lawsuit said. Tarrio, Biggs, Rehl and Nordean were all convicted of seditious conspiracy and other crimes for their participation in the Capitol riot that sought to stop Congress from certifying former U.S. President Joe Biden ´s win over President Donald Trump in the 2020 presidential election. Pezzola was acquitted on the conspiracy charge but convicted of stealing a police officer's riot shield and using it to smash a window. After returning to office earlier this year, Trump granted pardons to almost all of the more than 1,500 people who stormed the Capitol. The U.S. Justice Department didn't immediately respond to a message seeking comment. Speaking to a media gaggle packed into his White House office the night of the inauguration, Trump said he was pardoning about 1,500 defendants and issuing six commutations. Ex-Proud Boys leader Enrique Tarrio was a guest of honor at the Reagan Tribute at Mar-a-Lago – just two weeks after his prison sentence was commuted by President Donald Trump's executive order Zachary Rehl (pictured left) and Ethan Nordean (pictured right) are two of the plaintiffs in the suit He also directed the attorney general to seek dismissal of about 450 pending criminal cases against Jan. 6 defendants. The pardons fulfill Trump's promise to release supporters who tried to help him overturn his election defeat four years ago. 'These are the hostages,' he said while signing the paperwork in the Oval Office. Trump declared at his indoor parade earlier that day that he will sign pardons for 'a lot of people' who were convicted for the attack on the U.S. Capitol as the crowd cheered enthusiastically. 'We won, we won, but now the work begins,' Trump said to start his remarks at the end of the parade in the packed Capitol One Arena in Washington, DC. Tarrio, one of the biggest names to get a pardon, has since said he plans to run for public office. He was sentenced in September 2023 to serve 22 years in prison after he was convicted of seditious conspiracy for his role in the January 6 attack – even though he was not present at the Capitol that day. And just two weeks later, Tarrio was among the guests of honor during a Reagan Tribute event at Trump's Mar-a-Lago club in Palm Beach, Florida. Tarrio, who was chairman of the Proud Boys at the time of the Capitol attack, said he would neither 'support' nor 'condemn' the riot. The far-right activist did insist, however, that he did not 'sympathize' with lawmakers who were terrified in their offices that day. At least 37 members of the Proud Boys were arrested, charged or indicted for alleged roles in the Capitol riot by January 2022. By then, Tarrio was no longer a leader of the group. He served as chairman from 2018 to 2021. The House Select Committee on the January 6 Attack subpoenaed Tarrio to testify in November 2021 and in February 2022, he gave a deposition to the committee investigators and two members.

Judge paves the way for college athletes to earn millions
Judge paves the way for college athletes to earn millions

The Independent

time44 minutes ago

  • The Independent

Judge paves the way for college athletes to earn millions

A federal judge has paved the way for college athletes to earn millions after approving a settlement between an Arizona State swimmer and the National Collegiate Athletic Association on Friday. Almost five years ago, Grant House sued the NCAA and its five biggest conferences to lift restrictions on revenue sharing with college athletes. Under the newly approved settlement, each school will now share up to $20.5 million with athletes over the next year and $2.7 billion over the next 10 years to thousands of former athletes who were previously prohibited from collecting revenue, the Associated Press reported. Most of the athletes who will reap the rewards of this suit will be football and basketball players at the biggest sports schools. House said in a CBS Sports article from May 2023 that he was inspired to pursue the lawsuit by Arizona State's music students who could get paid to play at Carnegie Hall. "I always thought it was interesting that … if [those musicians] can monetize this, take it to the farthest reaches, I couldn't because I was an athlete doing my own aspirations and dreams," House said. 'That just didn't sit well with me and confused me a lot,' he added. CBS Sports reported that the NCAA had made claims that compensating athletes would cause issues in the locker room. "I know there are quarterbacks getting millions of dollars. I'm not getting that. Good for them. I want them to actualize that," House said in response. He continued: 'I can imagine [locker room issues] in maybe some places where younger athletes have egos and haven't developed as much. I blame that on the culture. I don't blame that on NIL [name, image and likeness]. If your culture is that fragile, that weak, you as a university need to fix that.'

Donald Trump and Elon Musk feud is very dangerous for the President
Donald Trump and Elon Musk feud is very dangerous for the President

Daily Record

timean hour ago

  • Daily Record

Donald Trump and Elon Musk feud is very dangerous for the President

The political alliance between Donald Trump and billionaire Elon Musk has disfigured US politics. Musk helping bankroll Trump's second election victory was an example of money buying power. Being handed a job as the head of the Department of Government Efficiency (DOGE) to cut spending was also wrong on a number of levels. It reeked of a massive favour to a donor and led to the dodgy practice of unaccountable allies of Musk cutting government programmes. But both individuals are ego maniacs and it was only a matter of time before they fell out spectacularly. Musk is unhappy at a Trump tax bill he believes will be financially ruinous. Sniping then led to Musk making the incendiary claim the president's name appears in the notorious Jeffrey Epstein files. Few things are more damaging reputationally than being linked to the late Epstein - just ask Prince Andrew. This developing feud between Trump and his former pal Musk is dangerous for the President. The Tesla co-founder has power and influence, both politically and in the corporate world, and he seems intent on doing damage. A positive step for the world would be if both men cancelled themselves out through their bickering. The US is known as a land of opportunity but we are in a situation where a small number of billionaires wield disproportionate power. People like Musk should be paying more in tax and held to account for the cuts he was allowed to make in government. Trump is already a lame duck president and Americans must look to a time when he is no longer in charge. Weapons in court The proliferation of weapons on our streets is bad enough. But it beggars belief that thousands of blades, guns and bullets have been seized in Scottish courtrooms in the last year as our investigation reveals. The motivation of those who would attempt to enter a court while armed is not clear. Do they think they need protection or is it to dish out retribution? Whatever the reason, it is vital courts are safe places for justice to be carried out without fear for anyone's safety. People should be able to expect to attend court as an employee, witness or accused without being worried about the threat of violence. Those sinister or stupid enough to believe they can carry weapons into a court of law should be left in no doubt their conduct is unacceptable. They should be hammered by the courts they seek to undermine.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store