Recent statements by Donald Trump and Elon Musk have drawn attention to contentious issues of government funding and U.S. debt obligations.
Trump Criticizes Musk Over Subsidies
Donald Trump expressed his dissatisfaction with Elon Musk in a post on Truth Social, accusing the Tesla CEO of cashing in on government subsidies while claiming to oppose public spending.
Trump stated:
> "Elon Musk knew, long before he so strongly endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign."
Musk Threatens Republicans
A few hours later, Elon Musk posted a threat for Republicans in Congress who supported Trump’s tax bill. He wrote:
> "Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame! And they will lose their primary next year if it is the last thing I do on this Earth."
Price Tag of Trump's Proposal and Its Consequences
The Congressional Budget Office released its estimate placing the cost of the Senate version of Trump's bill at $3.3 trillion, which is $800 billion more than the House version passed last month, raising the U.S. national debt to $36.2 trillion.
Some Republicans argue that the CBO numbers are inflated. However, this has not calmed the markets, as global investors begin to pull back from U.S. Treasuries. Musk commented that "America is going bankrupt extremely quickly," warning of rising government expenses.
The conflict between Donald Trump and Elon Musk reflects broader discussions about government spending and financial responsibility in the U.S., as both sides continue to exchange accusations and threats.
