Trump Critiques Musk's Business Subsidies Amid Legislative Tensions - PRESS AI WORLD
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Trump Critiques Musk's Business Subsidies Amid Legislative Tensions

Credited from: THEHILL

  • Trump claims Musk would return to South Africa without government subsidies.
  • Musk criticizes Trump's spending bill and suggests forming a new political party.
  • Trump suggests DOGE evaluate Musk's companies for subsidies.
  • The "Big Beautiful Bill" aims to extend tax cuts but is controversial among Republicans.

US President Donald Trump has intensified his critique of Elon Musk, stating that the billionaire would "probably head back home to South Africa" without the substantial federal subsidies he receives. Trump outlined that Musk "may get more subsidy than any human being in history" and warned that eliminating these would jeopardize Musk's companies, including Tesla and SpaceX, affecting their operations significantly. This exchange follows Musk's harsh criticism of Trump's proposed spending legislation, the "Big Beautiful Bill," which Musk has condemned as detrimental to the Republican Party and indicative of excessive government spending, according to Indiatimes and Channel News Asia.

The feud escalated as Musk criticized Trump's spending package on social media, threatening consequences for lawmakers who supported the bill after campaigning on fiscal responsibility. In response, Trump proposed that his former initiative, the Department of Government Efficiency (DOGE), look into the subsidies benefiting Musk's companies. "No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE," Trump stated, emphasizing the potential savings from cutting these subsidies, according to AA and Newsweek.

As the Senate deliberates on the "Big Beautiful Bill," which aims to extend tax cuts and bolster border security, Trump's allies express concern over the political fallout. The proposed bill could increase national debt significantly, which Musk crudely labeled "debt slavery," raising alarms among fiscal conservatives. The implications of this legislation could affect the Republican majority in upcoming midterms, further deepening the rift between Musk and Trump, as highlighted by CBS News and The Hill.

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