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Musk calls Trump's tax and spending bill an 'abomination'


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  Elon Musk hit out at President Donald Trump's "big, beautiful" tax and spending bill, posting on X that he "can't stand" the legislation and describing it as a "disgusting abomination". The bill - which includes multi-trillion dollar tax breaks and increased defence spending while also allowing the US government to borrow more money - was passed by the House of Representatives in May.

Elon Musk criticized a tax and spending bill backed by former President Donald Trump, calling it an "abomination" due to its potential to increase the national debt and exacerbate inflation. The bill, which includes significant tax cuts for corporations and the wealthy, was passed during Trump's presidency and has been a point of contention among economists and policymakers. Musk, who has been vocal about economic issues, expressed concerns that the bill's impact on the national debt could lead to long-term economic instability. His comments reflect broader worries about fiscal responsibility and the sustainability of current economic policies.

Read the Full BBC Article at:
[ https://www.msn.com/en-us/news/politics/musk-calls-trump-s-tax-and-spending-bill-an-abomination/ar-AA1G1C65 ]

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