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

Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’

by June 5, 2025
by June 5, 2025
NEWYou can now listen to Fox News articles!

Speaker Mike Johnson, R-La., is rebuffing Elon Musk’s call for a brand-new budget reconciliation bill, deepening the tech billionaire’s rift with Republicans in Washington.

‘A new spending bill should be drafted that doesn’t massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS,’ Musk wrote on X Wednesday.

He ratcheted up his rhetoric shortly after, posting, ‘KILL the BILL.’

But Johnson said the timeline was working against Congress and that an overhaul of President Donald Trump’s massive agenda bill was unfeasible. 

Johnson said when asked for a response by Fox News, ‘We don’t have time for a brand new bill.’

‘I want Elon and all my friends to recognize the complexity of what we’ve accomplished here. This extraordinary piece of legislation – record number of savings, record tax cuts for the American people and all the other benefits in it,’ the speaker told reporters.

‘We worked on the bill for almost 14 months. You can’t go back to the drawing board, and we shouldn’t. We have a great product to deliver here.’

Johnson cautioned critics of the bill not to let the perfect be the enemy of the good.

‘We’re proud of this product. The House Republicans are proud of it, and we’re happy to go out and explain that to everybody,’ Johnson said.

The Louisiana Republican said during a press conference earlier that he was ‘surprised’ by Musk’s criticism.

The speaker previously also pointed out that Republicans are planning to codify spending cuts identified by Musk’s Department of Government Efficiency (DOGE) in a different vehicle than the reconciliation process.

Musk has been bearing down hard on the legislation, putting Republican lawmakers in a difficult spot after months of lauding his work with DOGE.

The massive bill passed by the House and currently being considered by the Senate advances Trump’s priorities on taxes, immigration, energy, defense, and the debt limit.

It passed the House 215 – 214 with all but three House Republicans not voting ‘yes.’

House GOP leaders, noting their slim margins, have urged the Senate to change as little as possible in the bill. But the Senate GOP has its own razor-thin majority, and lawmakers there have already signaled they want to see at least some changes.

The White House, meanwhile, has stood by the bill.

‘The president already knows where Elon Musk stood on this bill. It doesn’t change the president’s opinion. This is one big, beautiful bill, and he’s sticking to it,’ Press Secretary Karoline Leavitt said Tuesday.

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Elon Musk warpath against Trump’s ‘big, beautiful bill’ rattles House GOP
next post
Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s Big Beautiful Bill

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

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

March 18, 2026

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

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

Trump goes after Zelenskyy over ‘land swapping’...

August 12, 2025

What a Trumped-up Fed Means for the...

March 25, 2025

EXCLUSIVE: Gabbard outlines election security assessment, presence...

February 3, 2026