• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

White House stands by tax bill after Musk calls it a ‘disgusting abomination’

by June 4, 2025
by June 4, 2025
NEWYou can now listen to Fox News articles!

The White House defended the President Donald Trump-endorsed ‘big, beautiful bill’ Tuesday after outgoing DOGE-chief Elon Musk doubled-down on his criticism of the spending bill, calling it a ‘disgusting abomination.’

Musk, who has been openly critical of the proposed reconciliation bill, said Tuesday afternoon that he ‘just can’t stand it anymore.’

‘This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination,’ Musk added in a Tuesday afternoon post on X. ‘Shame on those who voted for it: you know you did wrong. You know it.’

The bill passed the House in late-May, ahead of Memorial Day, largely along party lines. However, two Republicans did vote against the measure, citing insufficient spending cuts and a rising national debt. GOP Kentucky Sen. Rand Paul has also signaled he likely will not vote in favor of the bill in its current form, citing a debt ceiling increase that is a red-line for him. 

Trump has lashed out at Paul and others for opposing the bill, but he has taken a more measured approach to Musk’s criticism.

‘Look, the president already knows where Elon Musk stood on this bill,’ White House Press Secretary Karoline Leavitt said during a Tuesday afternoon press briefing when asked about Musk’s most recent criticism.

‘It doesn’t change the president’s opinion. This is one big, beautiful bill and he’s sticking to it,’ she said. 

Musk, who led the cost-cutting efforts at the Department of Government Efficiency (DOGE), previously criticized the bill during an interview with CBS, noting he was ‘disappointed’ in the spending bill because ‘it undermines’ all the work his DOGE team was doing.

In May, when Trump was asked about Musk’s criticism of the bill on CBS, he responded, ‘Well, our reaction’s a lot of things,’ before pivoting to talk about the votes needed to support pass the bill. 

‘Number one, we have to get a lot of votes, we can’t be cutting — we need to get a lot of support and we have a lot of support,’ he said. ‘We had to get it through the House, the House was, we had no Democrats. You know, if it was up to the Democrats, they’ll take the 65 percent increase.’

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
South Korea flips left in presidential race; Lee secures victory after conservative opponent concedes
next post
HHS ends Biden-era COVID-19 testing program that bled taxpayers years after pandemic

Related Posts

The Fed Sees Higher Inflation Coming — and...

March 23, 2026

California’s Water Crisis Isn’t a Drought—It’s Bad Policy

March 23, 2026

Silent Cal’s Loud Lesson on Tax Cuts

March 23, 2026

Adam Smith’s Three Steps to Prosperity

March 23, 2026

Bigger Isn’t Better: A Case for Downsizing the...

March 20, 2026

What 122 Universal Basic Income Experiments Actually Show

March 20, 2026

Interest Rate Caps Keep Coming Back — Bastiat...

March 19, 2026

Congress Knows It Has a Spending Problem, But...

March 19, 2026

Free Speech in the Digital Age: From Natural...

March 18, 2026

Reflections on Saturday Morning TV—and The Regulations That...

March 18, 2026

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Michael Saylor’s Strategy (MSTR) buys 1,031 Bitcoin, slows pace of BTC buys

    March 23, 2026
  • Apple stock surges as iPhone demand, Mac sales lift outlook

    March 23, 2026
  • Carnival share price analysis: extremely pressured ahead of earnings

    March 23, 2026
  • AeroVironment stock price sinks as risky patterns emerge: can it hit $170?

    March 23, 2026
  • Is Elliott’s stake in Synopsys stock your cue to buy?

    March 23, 2026
  • Nvidia stock rebounds around 3%: what’s behind the rally?

    March 23, 2026

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 3

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • ‘The Value of Others’ Isn’t Especially Valuable

    April 17, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (4,458)
  • Editor's Pick (570)
  • Investing (901)
  • Stock (2,848)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Karoline Leavitt offers words of wisdom to...

February 22, 2025

FLASHBACK: James Comey urged officials to always...

October 3, 2025

Trump endorses House Republican who failed to...

May 27, 2025