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Republican leaders push back on Musk ‘abomination' criticism of Trump bill

Republican leaders push back on Musk ‘abomination' criticism of Trump bill

Yahoo3 days ago

Republican congressional leaders pushed back Wednesday on Elon Musk's harsh criticism of President Donald Trump's signature budget bill as a fiscally dangerous 'disgusting abomination.'
Sen. John Thune and Rep. Mike Johnson both aggressively defended Trump's sprawling Big Beautiful Bill even as a non-partisan congressional watchdog group said it would add 2.4 trillion to the national debt, seemingly bolstering Musk's point.
'I think he's flat wrong, and I've told him as much,' Johnson, the House Speaker, told reporters at a news conference
Thune, the Senate majority leader, likewise downplayed the influence of Musk, who recently left the administration after a mostly failed effort to slash spending using his Department of Government Efficiency.
'Obviously [Musk] has some influence, got a big following on social media,' Thune said. 'There are going to be a lot of people who share commentary about this, and we just got to make sure we're doing everything we can to get our arguments out there.'
So far Trump himself has not commented on Musk's withering attack on his top priority of his second term in office, a measure that would cut trillions in taxes and reduce spending by a significant, but much smaller, amount.
Musk, who was until recently considered the most powerful person in Washington next to Trump, showed no signs of softening his attack on Trump's bill.
'This is debt slavery for the American people,' Musk tweeted Wednesday, after he said he could no longer stay silent about the impact of the bill.
The Congressional Budget Office, the most respected non-partisan arbiter of budget impacts, issued a report saying the bill as passed by the House would increase deficits by $2.4 trillion over the next decade.
The CBO also estimates the bill's provisions would cause 10.9 million people to lose their health insurance under the bill by 2034.
The package would reduce federal outlays, or spending, by nearly $1.3 trillion over that period, while cutting taxes by $3.75 trillion, the watchdog group said. The vast majority of the tax savings will go to the ultra-wealthy and big business.
Musk and other fiscal hawks want the bill to cut spending by far more, or cut taxes by much less, in order to avoid further swelling the national debt.
But many moderate Republicans fear deep spending cuts, especially to health programs, could spark massive blowback against them at the ballot box in the midterm elections and beyond.
GOP leaders need to bridge the gaping divide to win the virtually unanimous support of Republican lawmakers in both chambers of Congress needed to pass the bill under the intricate reconciliation process.

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A $2.8 billion settlement will change college sports forever. Here's how
A $2.8 billion settlement will change college sports forever. Here's how

San Francisco Chronicle​

time28 minutes ago

  • San Francisco Chronicle​

A $2.8 billion settlement will change college sports forever. Here's how

A federal judge has approved terms of a sprawling $2.8 billion antitrust settlement that will upend the way college sports have been run for more than a century. In short, schools can now directly pay players through licensing deals — a concept that goes against the foundation of amateurism that college sports was built upon. Some questions and answers about this monumental change for college athletics: Q: What is the House settlement and why does it matter? A: Grant House is a former Arizona State swimmer who sued the defendants (the NCAA and the five biggest athletic conferences in the nation). His lawsuit and two others were combined and over several years the dispute wound up with the settlement that ends a decades-old prohibition on schools cutting checks directly to athletes. Now, each school will be able to make payments to athletes for use of their name, image and likeness (NIL). For reference, there are nearly 200,000 athletes and 350 schools in Division I alone and 500,000 and 1,100 schools across the entire NCAA. Q: How much will the schools pay the athletes and where will the money come from? A: In Year 1, each school can share up to about $20.5 million with their athletes, a number that represents 22% of their revenue from things like media rights, ticket sales and sponsorships. Alabama athletic director Greg Byrne famously told Congress 'those are resources and revenues that don't exist.' Some of the money will come via ever-growing TV rights packages, especially for the College Football Playoff. But some schools are increasing costs to fans through 'talent fees,' concession price hikes and 'athletic fees' added to tuition costs. Q: What about scholarships? Wasn't that like paying the athletes? 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The so-called College Sports Commission promises to be quicker and more efficient than the NCAA. Schools are being asked to sign a contract saying they will abide by the rules of this new structure, even if it means going against laws passed in their individual states. Q: What about players who played before NIL was allowed? A: A key component of the settlement is the $2.7 billion in back pay going to athletes who competed between 2016-24 and were either fully or partially shut out from those payments under previous NCAA rules. That money will come from the NCAA and its conferences (but really from the schools, who will receive lower-than-normal payouts from things like March Madness). Q: Who will get most of the money? A: Since football and men's basketball are the primary revenue drivers at most schools, and that money helps fund all the other sports, it stands to reason that the football and basketball players will get most of the money. But that is one of the most difficult calculations for the schools to make. There could be Title IX equity concerns as well. Q: What about all the swimmers, gymnasts and other Olympic sports athletes? A: The settlement calls for roster limits that will reduce the number of players on all teams while making all of those players – not just a portion – eligible for full scholarships. This figures to have an outsize impact on Olympic-sport athletes, whose scholarships cost as much as that of a football player but whose sports don't produce revenue. There are concerns that the pipeline of college talent for Team USA will take a hit. Q: So, once this is finished, all of college sports' problems are solved, right? A: The new enforcement arm seems ripe for litigation. There are also the issues of collective bargaining and whether athletes should flat-out be considered employees, a notion the NCAA and schools are generally not interested in, despite Tennessee athletic director Danny White's suggestion that collective bargaining is a potential solution to a lot of headaches. NCAA President Charlie Baker has been pushing Congress for a limited antitrust exemption that would protect college sports from another series of lawsuits but so far nothing has emerged from Capitol Hill.

Could Musk-Trump feud stoke GOP divisions ahead of midterms? ANALYSIS

time28 minutes ago

Could Musk-Trump feud stoke GOP divisions ahead of midterms? ANALYSIS

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Vance says Musk's public feud with Trump is a ‘huge mistake,' hopes billionaire ‘comes back into fold'
Vance says Musk's public feud with Trump is a ‘huge mistake,' hopes billionaire ‘comes back into fold'

New York Post

time29 minutes ago

  • New York Post

Vance says Musk's public feud with Trump is a ‘huge mistake,' hopes billionaire ‘comes back into fold'

Vice President JD Vance said it was a huge mistake for Elon Musk to be at war with President Trump amid their escalating feud and is hopeful that the billionaire Tesla founder 'comes back into the fold.' 'Elon is entitled to his opinion,' Vance said during an interview with comedian Theo Von, which was released on Saturday. 'I'm not saying he has to agree with the bill or agree with everything that I'm saying. I just think it's a huge mistake for the world's wealthiest man — I think one of the most transformational entrepreneurs ever — to be at war with the world's most powerful man, who I think is doing more to save the country than anybody in my lifetime.' Advertisement Vance's appearance on Von's popular podcast, 'This Past Weekend w/ Theo Von,' was recorded as Trump and billionaire Musk traded barbs on social media over the latter's complaints about the Trump-backed One Big Beautiful Bill Act. 'I just think you've got to have some respect for him and say, 'yeah, we don't have to agree on every issue.' But is this war actually in the interest of the country? I don't think so,' Vance said. 'Hopefully, Elon figures it out, comes back into the fold. I know the president was getting a little frustrated, feeling like some of the criticisms were unfair coming from Elon. But I think it has been very restrained, because the president doesn't think that he needs to be in a blood feud with Elon Musk. And I actually think that if Elon chilled out a little bit everything would be fine.' Advertisement 3 Vice President JD Vance appeared on Theo Von's podcast. X/JDVance The SpaceX founder signaled support for impeaching Trump and replacing him with Vance in one of several jabs directed at the commander in chief. 'President vs Elon. Who wins? My money's on Elon. Trump should be impeached and JD Vance should replace him,' right-wing commentator Ian Miles Cheong wrote on X. To which Musk replied: 'Yes.' Advertisement Vance appears to be fully in Trump's corner amid the public spat between the two billionaires — and expressed his support of the president in an X post late Thursday night. 'President Trump has done more than any person in my lifetime to earn the trust of the movement he leads. I'm proud to stand beside him,' the veep wrote. In an earlier post, as the Trump-Musk drama was simmering down on social media, Vance had teased that he would be appearing on Von's show. 'Slow news day, what are we even going to talk about?' Vance wrote on X. Advertisement 3 President Donald Trump points at Elon Musk during a conversation inside the Oval Office of the White House on March 14, 2025. AFP via Getty Images 3 Republican Presidential candidate Donald Trump and vice presidential candidate Sen. JD Vance appear on the first day of the Republican National Convention in Milwaukee, Wisc. on July 15, 2024. Getty Images Musk shared the vice president's post and reacted with a laughing emoji. Von previously interviewed both Vance and Trump in the run-up to the 2024 presidential election. Trump's August 2024 appearance on Von's show racked up nearly 17 million views on YouTube. The podcaster later attended Trump's inauguration and made a surprise appearance at a US air base in Qatar, where the president spoke to service members and their families last month.

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