Musk vows to oust lawmakers over Trump’s ‘insane’ tax-cut, spending bill

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Tech billionaire and the richest man in the world, Elon Musk, has rejected his strong criticism of the United States President Donald Trump’s tax reduction and spending bill, calling it “grossly crazy and destructive” and actively actively working for legislators.

Through the social media platform X, his new aggression, which is a dramatic increase in the recent dispute with the US president, and a significant change in his once -time relationship.

Musk, who, in particular contributed to $ 300 million in Trump’s re-election campaign, and previously led the administration’s controversial department’s performance (DOGE)-a federal cost-cutting move-has expressed deep approval from the bill.

He argued that this legislation would rapidly promote national debt and damage his savings, which he claims he has acquired.

After a relatively silent period with Trump about the bill, Musk re -joined the debate on Saturday when the Senate began to consider the package.

By Monday, his criticism intensified, with a tough post directed by the lawmakers: “Every member of the Congress who campaigned to reduce government spending and then immediately voted in favor of increasing the biggest debt in history.”

He threatened, “And if they do last work on this land, they will waste their basic basic next year.”

The CEO of Tesla and SpaceX once again called for a new political party, saying that the large -scale costs of the bill indicated that “we live in a Jammu country.”

He wrote, “The time of a new political party that really cares about people.”

Mask’s criticism over the bill has led to his relations with Trump, which has identified a dramatic change after spending $ 300 million on Trump’s re -election campaign, and the administration’s controversial department of government performance (Dage) is a government performance.

The richest man in the world, Musk, has argued that this legislation will greatly increase national debt and eliminate his savings, which he has said that he has obtained through the Dodge.

It is not yet clear how much of the musk is on the Congress, or how it may have an impact on the passage of the bill. But Republicans have expressed concern that their re -dispute with Trump once again could damage the chances of protecting the majority in the Central Congress elections of 2026.

This rift has also led to fluctuations for Tesla, with shares of the company seen wild -priced swings that have erased about $ 150 billion in its market value, though it has been fine since then.

Senate vote-ram

The US Senate Republicans were still trying to pass Trump’s clean tax and spending bill on Monday evening, yet despite the division within the party, it launched its expected $ 3.3 trillion on the country’s debt pile.

Senators were voting at a meeting of the marathon, known as the “vote-ram”, showing a series of Republicans and minority Democrats, using a part of the archives to ignore the Republican Senate rules, which are generally needed to agree on 100 members of the chamber.

But after about 12 hours, it was not yet clear how long the votes would continue. Lawmakers said the process needs to be partially determined whether the amendments are in accordance with the rules of the special budget.

When asked if they believe the move would be approved, John Thove, the majority of the Republican Senate leader in South Dakota, had previously told reporters: “Never until we vote.”

The Republicans cannot afford to lose more than three votes in any chamber so that they are united in opposition to the Democrats.

The Non -Partisan Congress Budget Office on Sunday issued its evaluation on the pile of Bill. The Senate version is priced at $ 3.3 trillion, which is $ 800 billion higher than the version approved last month in the House of Representatives.

Many Republicans dispute this claim, and claim that expanding the current policy will not increase the debt. Nevertheless, international bond investors look at the privileges to be different from the US Treasury Market.

In the meantime, the Democrats, hopefully, hope that the latest, eye -operating personality can cause a lot of trouble among the privileged conservatives so that they can end their party, which controls both Congress Houses.

Democratic Senate minority leader Chuck Shamar said in a speech to the Senate, “This bill, as we have said for months, steals people’s health care, jacks its electricity bill to pay tax intervals for billionaire leaves.”

Thoon confronted that tax deduction would help families and small businesses, as it defended the reduction of costs in social safety net programs.

He said that the medicid is increasing at an unstable rate and there is some improvement and reforms to make it more efficient.

The Senate easily pushed the tax, immigration, border and military spending bills in a vote of late Saturday, and voted 51-49 to discuss the 940-page megabelle.

Trump wants the bill to be approved before Independence Day on July 4.

“I am still keeping the hope that I am going to North Carolina tomorrow,” Republican Senator Thomas Tles, who opposes the bill, told reporters when asked how soon the vote could be passed in the Senate.

The politics of bills

Many amendments to the Democrats, as Senator Lisa Blant Rochester from Delaware suggested restricting deductions to Medicide, Washington -based Senator Petty Murray called for financial support for reproductive health clinics, which is trying to protect consumers from Massachusetts.

The Republican majority rejected them and other democratic amendments so far.

The Senate Republicans have a number of hot button political issues, such as the prohibition of a medical fund for about 30 30 medical procedures related to gender transfer, including 12 -year -old “gang -related tetos” examination for children, including unmanageable migrants for immigrants.

The American Chamber of Commerce, which says most of its members are small businesses, support the bill.

However, John Ernis Mayor, who represents more than 85,000 small businesses in the small business majority, warned that the business tax is currently the most wealthy, highest, higher than 5 % in small businesses.

Loan Deadline of the roof of the debt

Republican measurements increase by $ 5 trillion – which is $ 1 trillion higher than the House bill – but failing to pass some versions will present the lawmakers at the end of this summer with a serious deadline, when the Department of Treasury can come close to eliminating its borridious authority and thus destroying a destructive default.

Due to the increase in the debt range, Kentucky’s Senator Rand Paul appeared in opposition to the Bill, joining the Republican Tollis, who decided to reduce it in medical and clean energy measures.

According to the Congress Budget Office, the Senate bill will result in no 11.8 million additional insurance, leaving behind the estimates of the House version.

If the Senate succeeds in passing the bill, it will then go to the House, where members are also distributed, in which some are angry about its price and others are disturbed by deductions in the medical program.

Megabel will expand the tax deductions for 2017, which was the success of Trump’s key legislation during his first term, reduction in other taxes and increases spending on military and border security.

The Senate Republican, who rejects the budget office estimates on the cost of legislation, uses an alternative calculation method that is not included in the cost of expanding tax deductions for 2017.

Tax experts, such as Non Partisine Think Tank Bipartison Policy Center, are called “magic trick”.

According to the BPC analysis, using this calculation method, the Senate Republicans’ budget bill costs significantly and it seems that according to the BPC analysis, $ 500 billion is saved.