Latest news with #TheBigBeautifulBill
&w=3840&q=100)
First Post
20 hours ago
- Automotive
- First Post
'He'll have to pay': Trump warns Musk against funding a Democratic candidate
Donald Trump has warned Elon Musk of 'very serious consequences' if he supports the Democrats, after the two fell out publicly over the Republican 'The Big Beautiful Bill.' read more US President Donald Trump has warned Elon Musk of 'very serious consequences' if he backs the Democrats, following a public falling-out between the two. In an interview with NBC News, set to air on Sunday, Trump said his relationship with Musk is over. He issued the warning after Musk criticised the Republican budget plans, known as 'The Big Beautiful Bill Act', calling them an 'abomination'. 'If he does, he'll have to face the consequences,' Trump told NBC News. 'He'll have to face very serious consequences if he does that,' he added. STORY CONTINUES BELOW THIS AD Trump also noted that Musk had spent nearly $300 million in support of his re-election campaign last year, and cautioned him against switching sides. When asked whether he wished to mend ties with Musk, Trump replied, 'No.' Asked whether he believed their relationship was over, he said: 'I would assume so, yeah,' adding that he had no plans to speak with his former ally. 'I'm too busy doing other things… I have no intention of speaking to him,' Trump said. However, he claimed the dispute had actually helped unify the Republican Party, stating: 'The party has never been this united before — even more than it was just three days ago.'
Yahoo
2 days ago
- Politics
- Yahoo
In Our View: Trump v. Musk
It seems it was bound to happen. The White House is nowhere big enough to accommodate the egos of President Trump and Elon Musk. Their fallout happened this week over "The Big Beautiful Bill." Elon Musk headed up an effort called DOGE, Department of Government Efficiency. He suggested cuts in areas he deemed to be waste, fraud and abuse. Everybody is against government waste, fraud and abuse. Every government dollar spent has a constituency. Any cuts in Amtrak would bring out the rail fans, and any cuts in preserving national parks would bring out politicians who represent the area where the park is located. You get the idea. In many ways, neither man understands how Washington works — although Trump knows more from his previous term as President. Musk is the richest person in the world. He runs car maker Tesla and X, formerly known as Twitter. After their spat became public, Musk took to X, which he owns, to openly complain about Trump and Trump took to Truth Social, which he owns, to complain about Musk. Seemingly lost in the debate are those 340 million Americans who don't own their social media platform. To some degree, social media has replaced stray painting bridges and public property. The "Big Beautiful Bill" passed the House by a narrow margin. Now, the Senate will take up the matter in the days ahead. No Democrats will vote for the bill. That leaves Senate President John Thune with a razor-thin margin for passage. Kentucky Sen. Rand Paul said he's unlikely to vote yes. Congressman Thomas Massie was one of a very few Republicans to vote no on the bill. Both men believe it will increase the $37 trillion debt. This newspaper hasn't always agreed with them, but we admire them for standing for their principles of lowering debt. Musk told Republicans "you know you're increasing the debt" and further told GOP members to side with him rather than Trump as Trump will die first. Musk is 53 and Trump is 78. Musk went on a Twitter rage Thursday saying Trump should be impeached and the president's name appears in the Jeffrey Epstein investigation. Musk contends President Trump wouldn't be president without his millions in donations. Trump countered in an Oval Office press conference that he would've won without Musk. Republican senators must decide what to do. Do they offend their powerful party leader President Trump, or do they risk a primary opponent well funded by the richest man in the world? Politics makes strange bedfellows.
Yahoo
3 days ago
- Business
- Yahoo
Musk says Trump tariffs ‘will cause a recession' later this year
The political alliance between billionaire businessman Elon Musk and President Donald Trump has hit a rough patch after Musk posted a flurry of criticisms to social media about the president's endorsed federal budget bill for 2026 and other fiscal matters. The legislation, dubbed 'The Big Beautiful Bill' by Trump, was passed by the House in a narrow vote on May 22. As it awaits a vote by the Senate, tensions have run high in U.S. politics. Musk's discontent with the president comes shortly after his exit from the administration last week. Later, he sounded the alarm, arguing that the budget bill would increase the national deficit. In another X post on Tuesday, he called the bill 'a disgusting abomination.' Then on Thursday, Musk stated on his social media platform X that Trump's tariffs 'will cause a recession in the second half of this year.'The statement comes shortly after the president's 50% tariffs on imported steel and aluminum went into effect on Wednesday. Courts have attempted to block many of Trump's other tariffs. Supporters of the bill say it will greatly reduce taxes and provide significant border security investments. Responding to criticism from Musk, House Speaker Mike Johnson posted on X defending his voting record and the budget bill. 'The Mike Johnson of 2023 is the SAME Mike Johnson who has always been a lifelong fiscal hawk – who now serves as Speaker and is implementing a multi-stage plan to get our country back to fiscal responsibility and extraordinary economic growth,' he stated. 'It begins with the critically important One Big Beautiful Bill that includes the LARGEST mandatory spending cut to the federal government in history (by almost 400%), the LARGEST tax cut in history, the LARGEST investment in border security in a GENERATION, along with arguably the STRONGEST collection of pro-growth provisions EVER passed.' According to reporting by The Hill, Trump has set a July Fourth 'hard deadline' for Congress to pass the budget post Musk says Trump tariffs 'will cause a recession' later this year appeared first on FreightWaves.
Yahoo
3 days ago
- Politics
- Yahoo
ICE breaks arrest record two days in a row under Trump's new immigration directives
Immigration and Customs Enforcement made a record-setting 2,368 arrests of illegal aliens in a single day on Wednesday, a senior ICE official told Fox News. This broke the record from just one day prior, as there were 2,267 ICE arrests on Tuesday. The increase comes after an average of roughly 1,600 arrests last week, as the White House pursues a goal of 3,000 arrests daily. "Under President Trump's leadership, we are looking to set a goal of a minimum of 3,000 arrests for ICE every day," White House Deputy Chief of Staff Stephen Miller told "Hannity" on at the end of May, indicting that the goal could go even higher. Trump Administration Sets New Goal Of 3,000 Illegal Immigrant Arrests Daily Homan also previously said "The numbers are good, but I'm not satisfied. I haven't been satisfied all year long," in an "America's Newsroom" interview in May. The uptick in arrests can be attributed to a surge in worksite enforcement and immigration court arrests. Read On The Fox News App In addition, ICE is using collateral, like arresting individuals who are not initial targets but are with a target at the time of an arrest. Illegal Immigrant Arrests Skyrocket Under Trump Ice Compared To Biden Levels Last Year: 'Worst Of The Worst' ICE sources tell Fox News if the reconciliation bill passes with funding for 10,000 additional ICE personnel and tens of thousands more ICE beds, numbers will be "supercharged and shoot through the roof." Click Here For More Immigration Coverage As a debate about the bill continues in the Senate, the White House reaffirmed the bill's border and immigration-related provisions on Thursday. "Did you know The Big Beautiful Bill doubles ICE detention capacity, increases ICE personnel by 50%, finishes the border wall, and taxes money illegals send to their home country?" Deputy Assistant to the President and Principal Deputy Communications Director Alex Pfeiffer posted to X. Ice Crackdown Sees 7,400 Illegal Migrants Arrested In 9 Days "It's a once-in-a generation opportunity to crack down on illegal immigration," he continued. The ICE arrests come amid widespread policy changes by the Trump administration from the Biden-era. DHS Secretary Kristi Noem approved more waivers for border wall construction in Arizona and New Mexico this week, and the president instituted a travel ban on several countries following the anti-Semitic Boulder terrorist attack, in which the suspect overstayed his article source: ICE breaks arrest record two days in a row under Trump's new immigration directives
Fox News
3 days ago
- Business
- Fox News
ICE breaks arrest record two days in a row under Trump's new immigration directives
Immigration and Customs Enforcement made a record-setting 2,368 arrests of illegal aliens in a single day on Wednesday, a senior ICE official told Fox News. This broke the record from just one day prior, as there were 2,267 ICE arrests on Tuesday. The increase comes after an average of roughly 1,600 arrests last week, as the White House pursues a goal of 3,000 arrests daily. "Under President Trump's leadership, we are looking to set a goal of a minimum of 3,000 arrests for ICE every day," White House Deputy Chief of Staff Stephen Miller told "Hannity" on at the end of May, indicting that the goal could go even higher. Homan also previously said "The numbers are good, but I'm not satisfied. I haven't been satisfied all year long," in an "America's Newsroom" interview in May. The uptick in arrests can be attributed to a surge in worksite enforcement and immigration court arrests. In addition, ICE is using collateral, like arresting individuals who are not initial targets but are with a target at the time of an arrest. ICE sources tell Fox News if the reconciliation bill passes with funding for 10,000 additional ICE personnel and tens of thousands more ICE beds, numbers will be "supercharged and shoot through the roof." As a debate about the bill continues in the Senate, the White House reaffirmed the bill's border and immigration-related provisions on Thursday. "Did you know The Big Beautiful Bill doubles ICE detention capacity, increases ICE personnel by 50%, finishes the border wall, and taxes money illegals send to their home country?" Deputy Assistant to the President and Principal Deputy Communications Director Alex Pfeiffer posted to X. "It's a once-in-a generation opportunity to crack down on illegal immigration," he continued. The ICE arrests come amid widespread policy changes by the Trump administration from the Biden-era. DHS Secretary Kristi Noem approved more waivers for border wall construction in Arizona and New Mexico this week, and the president instituted a travel ban on several countries following the anti-Semitic Boulder terrorist attack, in which the suspect overstayed his visa.
