Author: Al Jazeera Staff
Published on: 03/06/2025 | 00:00:00

AI Summary:
Elon Musk calls the one Big Beautiful Bill a “disgusting abomination” in a series of social media posts. The bill would extend tax cuts established in 2017, during Trump’s first term, and funnel more funds to his administration’s priorities. The Congressional Budget Office estimates that the bill will result in a $698bn reduction in Medicaid subsidies and $267bn less in funding for SNAP. Fiscal conservatives have baulked at the increase to the national debt. In an early-morning vote on May 22, the House narrowly passed the One Big Beautiful Bill by a tight vote of 215 to 214. Opponents accused Musk of engaging in conflicts of interest. Federal law generally prohibits special government employees from serving for more than 130 days in a year. Trump presented the billionaire with a decorative key to the White House. Rand Paul of Kentucky voiced his support for Musk’s dissent against the bill. Trump lashed out against Paul on social media and defended his budget bill, calling it a WINNER.

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  • HorreC@lemmy.world
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    3 months ago

    Just incase you dont read the other posts of this same article, this is all theatre to make stock holders happy, you know how sensitive trump is, he gave him a ‘key to the white house’, a foreign oligarch.