Close Menu
    What's Hot

    Parents Are Split on the Importance of Kids Writing Thank-You Notes

    June 29, 2025

    My Weekly Reading for June 29, 2025

    June 29, 2025

    Inside the British lab growing a biological computer

    June 29, 2025
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»Mike Johnson: Elon Musk Is ‘Terribly Wrong’ About Trump’s Tax Bill
    Money

    Mike Johnson: Elon Musk Is ‘Terribly Wrong’ About Trump’s Tax Bill

    Press RoomBy Press RoomJune 4, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    House Speaker Mike Johnson said he was disappointed to hear Elon Musk’s critique of President Donald Trump’s “big beautiful bill.”

    “Let me say this. It’s very disappointing. I have come to consider Elon a good friend. He’s obviously a very intelligent person, and he’s done a lot of great work,” Johnson told reporters on Tuesday.

    “But with all due respect, my friend Elon is terribly wrong about the one big beautiful bill,” Johnson added.

    Johnson said he had a “friendly conversation” with Musk on Monday, where he pitched the bill’s merits to the Tesla and SpaceX CEO.

    “He and I spoke for, I think, more than 20 minutes on the telephone, and I extolled all the virtues of the bill and he seemed to understand that,” Johnson said on Tuesday.

    Johnson was speaking at a doorstop interview when he was asked about Musk’s X post on Tuesday afternoon. In his post, Musk called Trump’s signature tax bill a “massive, outrageous, pork-filled Congressional spending bill” and a “disgusting abomination.”

    “I’m sorry, but I just can’t stand it anymore,” Musk wrote.

    “Shame on those who voted for it: you know you did wrong. You know it,” he added.

    On May 22, House Republicans passed Trump’s “big beautiful bill” and sent it to the Senate. GOP lawmakers hope the bill will be sent to Trump’s desk on July 4.

    Trump’s bill, in its current form, will raise the US deficit by $2.5 trillion over the next 10 years, per the Committee for a Responsible Federal Budget.

    This isn’t the first time Musk has criticized Trump’s signature tax bill. Musk told “CBS Sunday Morning” in an interview that aired on June 1 that he was disappointed with the bill.

    “I was like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decrease it, and undermines the work that the DOGE team is doing,” Musk said.

    “I think a bill can be big, or it could be beautiful. I don’t know if it could be both,” he added.

    Musk’s pointed criticism of the GOP comes just days after he announced his departure from the Trump administration. Musk said on May 28 that he was wrapping up his 130-day tenure as a special government employee leading the White House DOGE office.

    In his interview with CBS, Musk said he did have “differences of opinion” with the Trump administration but did not specify what they were.

    “But it’s difficult for me to bring that up in an interview because then it creates a bone of contention,” Musk told CBS.

    “So then, I’m a little stuck in a bind, where I’m like, well, I don’t wanna, you know, speak up against the administration. But I also don’t wanna take responsibility for everything the administration’s doing,” he added.

    Musk did not respond to a request for comment from Business Insider.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Parents Are Split on the Importance of Kids Writing Thank-You Notes

    June 29, 2025

    I Quit My Dream Job to Be a Stay-at-Home Dad; My Wife Works Full Time

    June 29, 2025

    Chase Sapphire, Walmart, Starbucks: Katie Notopoulos on Her Hot Takes

    June 29, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Parents Are Split on the Importance of Kids Writing Thank-You Notes

    June 29, 2025

    My Weekly Reading for June 29, 2025

    June 29, 2025

    Inside the British lab growing a biological computer

    June 29, 2025

    I Quit My Dream Job to Be a Stay-at-Home Dad; My Wife Works Full Time

    June 29, 2025
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.