Trump suggests DOGE look at Musk's firms to save money
Trump's comments come after billionaire Elon Musk renewed his criticism on Monday of Trump's sweeping tax-cut and spending bill, vowing to unseat lawmakers who backed it after campaigning on limiting government spending.
"Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!," Trump said in a post on Truth Social.
In response to Trump's post, Musk, in his own social media platform X, said: "I am literally saying CUT IT ALL. Now."
After weeks of relative silence following a feud with Trump over the legislation, Musk rejoined the debate on Saturday as the Senate took up the package, calling it "utterly insane and destructive" in a post on social media platform X.
On Monday, he ramped up his criticism, saying lawmakers who had campaigned on cutting spending but backed the bill "should hang their heads in shame!"
"And they will lose their primary next year if it is the last thing I do on this Earth," Musk said.
The Tesla and SpaceX CEO called again for a new political party, saying the bill's massive spending indicated "that we live in a one-party country – the PORKY PIG PARTY!!"
"Time for a new political party that actually cares about the people," he wrote.
Musk's criticism of the bill has caused a rift in his relationship with Trump, marking a dramatic shift after the tech billionaire spent nearly $US300 million ($A457 million) on Trump's re-election campaign and led the administration's controversial Department of Government Efficiency (DOGE), a federal cost-cutting initiative.
Musk, the world's richest man, has argued that the legislation would greatly increase the national debt and erase the savings he says he has achieved through DOGE.
It remains unclear how much sway Musk has over Congress or what effect his opinions might have on the bill's passage.
But Republicans have expressed concern that his on-again, off-again feud with Trump could hurt their chances to protect their majority in the 2026 midterm congressional elections.
The rift has also led to volatility for Tesla, with shares of the company seeing wild price swings that erased about $US150 billion of its market value, though it has since recovered.
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The Advertiser
8 hours ago
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Ukraine has struck a Russian air base and Russia continues to pound Ukraine with hundreds of drones as part of a stepped-up bombing campaign that has further dashed hopes for a breakthrough in efforts to end the more than three-year-old war. Ukraine's military General Staff said on Saturday that Ukrainian forces had struck the Borisoglebsk air base in Russia's Voronezh region, describing it as the "home base" of Russia's Su-34, Su-35S and Su-30SM fighter jets. Writing on Facebook, the General Staff said it hit a depot containing glide bombs, a training aircraft and "possibly other aircraft". Russian officials did not immediately comment on the attack. Such attacks on Russian air bases aim to dent Russia's military capability and demonstrate Ukraine's capability to hit high-value targets in Russia. In June, Ukraine said it destroyed more than 40 Russian planes stationed at several airfields deep in Russia's territory in a surprise drone attack. Russia fired 322 drones and decoys into Ukraine overnight into Saturday, Ukraine's air force said. Of these, 157 were shot down and 135 were lost, likely having been electronically jammed. According to the air force, Ukraine's western Khmelnytskyi region was the main target of the attack. Regional governor Serhii Tyurin said no damage, injuries or deaths had been reported. Russia has been stepping up its long-range attacks on Ukraine. Waves of drones and missiles targeted Kyiv overnight into Friday in the largest aerial assault since Russia's invasion of Ukraine began. On Saturday, Kyiv Mayor Vitali Klitschko said the number of people killed in the assault had increased to two. A further 26 people were wounded. The fresh wave of attacks came after Ukrainian President Volodymyr Zelenskiy said on Friday that he had a "very important and productive" phone call with US President Donald Trump. 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Ukraine has struck a Russian air base and Russia continues to pound Ukraine with hundreds of drones as part of a stepped-up bombing campaign that has further dashed hopes for a breakthrough in efforts to end the more than three-year-old war. Ukraine's military General Staff said on Saturday that Ukrainian forces had struck the Borisoglebsk air base in Russia's Voronezh region, describing it as the "home base" of Russia's Su-34, Su-35S and Su-30SM fighter jets. Writing on Facebook, the General Staff said it hit a depot containing glide bombs, a training aircraft and "possibly other aircraft". Russian officials did not immediately comment on the attack. Such attacks on Russian air bases aim to dent Russia's military capability and demonstrate Ukraine's capability to hit high-value targets in Russia. In June, Ukraine said it destroyed more than 40 Russian planes stationed at several airfields deep in Russia's territory in a surprise drone attack. Russia fired 322 drones and decoys into Ukraine overnight into Saturday, Ukraine's air force said. Of these, 157 were shot down and 135 were lost, likely having been electronically jammed. According to the air force, Ukraine's western Khmelnytskyi region was the main target of the attack. Regional governor Serhii Tyurin said no damage, injuries or deaths had been reported. Russia has been stepping up its long-range attacks on Ukraine. Waves of drones and missiles targeted Kyiv overnight into Friday in the largest aerial assault since Russia's invasion of Ukraine began. On Saturday, Kyiv Mayor Vitali Klitschko said the number of people killed in the assault had increased to two. A further 26 people were wounded. The fresh wave of attacks came after Ukrainian President Volodymyr Zelenskiy said on Friday that he had a "very important and productive" phone call with US President Donald Trump. 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Ukraine has struck a Russian air base and Russia continues to pound Ukraine with hundreds of drones as part of a stepped-up bombing campaign that has further dashed hopes for a breakthrough in efforts to end the more than three-year-old war. Ukraine's military General Staff said on Saturday that Ukrainian forces had struck the Borisoglebsk air base in Russia's Voronezh region, describing it as the "home base" of Russia's Su-34, Su-35S and Su-30SM fighter jets. Writing on Facebook, the General Staff said it hit a depot containing glide bombs, a training aircraft and "possibly other aircraft". Russian officials did not immediately comment on the attack. Such attacks on Russian air bases aim to dent Russia's military capability and demonstrate Ukraine's capability to hit high-value targets in Russia. In June, Ukraine said it destroyed more than 40 Russian planes stationed at several airfields deep in Russia's territory in a surprise drone attack. Russia fired 322 drones and decoys into Ukraine overnight into Saturday, Ukraine's air force said. Of these, 157 were shot down and 135 were lost, likely having been electronically jammed. According to the air force, Ukraine's western Khmelnytskyi region was the main target of the attack. Regional governor Serhii Tyurin said no damage, injuries or deaths had been reported. Russia has been stepping up its long-range attacks on Ukraine. Waves of drones and missiles targeted Kyiv overnight into Friday in the largest aerial assault since Russia's invasion of Ukraine began. On Saturday, Kyiv Mayor Vitali Klitschko said the number of people killed in the assault had increased to two. A further 26 people were wounded. The fresh wave of attacks came after Ukrainian President Volodymyr Zelenskiy said on Friday that he had a "very important and productive" phone call with US President Donald Trump. 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Kyiv hits Russian air base as drones pound Ukraine
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