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Elon Musk publicly stated he was 'disappointed' by Trump's 'One Big, Beautiful Bill'

According to the Congressional Budget Office (CBO), the tax provisions in Trump’s legislative package, titled the "One Big Beautiful Bill Act," would increase the country’s fiscal deficit by $3.8 trillion by 2034.

Musk acquired X (then Twitter) in October 2022/ Bartosz Siedlik

Musk acquired X (then Twitter) in October 2022/ Bartosz SiedlikAFP

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South African tycoon Elon Musk, who recently stepped down as head of the Department of Government Efficiency (DOGE) in President Donald Trump's administration, expressed disappointment Sunday during an interview with CBS. He criticized the cost of the domestic policy bill approved by Republicans in the House of Representatives, which was openly supported by Trump.

“I was 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,” Musk said on CBS’s Sunday Morning.

According to several economists and the U.S. Congressional Budget Office (CBO), the tax provisions in Trump’s legislative package, titled the "One Big, Beautiful Bill Act," would increase the country’s fiscal deficit by $3.8 trillion by 2034. This has led several Republican leaders to oppose the bill, arguing that it needs significant reforms before they can support it. “I think a bill can be big or it can be beautiful, but I don’t know if it can be both. My personal opinion,” the South African tycoon said during his interview with CBS News.

Disagreement with Trump

Musk’s comments during the interview suggest he clearly disagrees with Trump, who has been enthusiastically promoting his legislative package in recent weeks. Although the bill passed the House of Representatives, it still needs Senate approval. The legislation would expand the Republican president’s flagship 2017 tax cuts, impose new work requirements for Medicaid recipients, increase spending on border security, and even eliminate tax credits for clean energy.

During the first few months of the Trump administration, Musk was one of the most prominent figures, leading his DOGE team as they toured government agencies to implement across-the-board cuts. Their efforts faced legal challenges and criticism from both Democratic and Republican leaders.

Democrats in the Senate will vote unanimously against the bill

Senate Democratic Minority Leader Chuck Schumer declared Monday that every Democrat in the Senate will vote against Trump’s bill. “This is not beautiful. This bill is downright ugly—a job killer, a price raiser, a care slasher, and a massive addition to the national debt,” Schumer said in a statement.

He also emphasized, "There’s not just a little laundry list of reasons why this bill is so bad — there’s pages and pages of bill text people can read for themselves that so clearly hurt everyday Americans, disproportionally boost billionaires who don’t need help, and pile onto the national debt at a time when the president is already choking the nation’s economy. That’s why Senate Democrats oppose this just-passed bill and will work to shine light on it so our Republicans act."
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