‘Disappointed': Elon Musk criticises Donald Trump's ‘big beautiful bill'
Tech billionaire Elon Musk has expressed his disappointment at US President Donald Trump's tax and spending cuts package, claiming it would raise the US budget deficit and undermine cost-cutting efforts.
President Trump's 'One Big Beautiful Bill Act' was narrowly passed in the House of Representatives and now faces challenges and potential changes in the Senate.
'I was like disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing,' Mr Musk said.
This comes as the billionaire – who spearheaded the Department of Government Efficiency, also known as DOGE – is stepping back from his government work to focus on his companies, particularly Tesla, which has taken a major hit this year.
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