Trump Suggests DOGE Look at Subsidies for Musk’s Companies

5Mind. The Meme Platform

The president’s comments came after the SpaceX CEO renewed his criticism of Trump’s One Big Beautiful Bill Act on Monday.

President Donald Trump on Tuesday suggested that the Department of Government Efficiency (DOGE) examine the subsidies given to Elon Musk’s companies after Musk vowed to primary any lawmaker who supports the president’s sweeping budget reconciliation bill.

Trump said Musk’s companies rely heavily on government subsidies, claimed the SpaceX CEO may have received “more subsidy than any human being in history,” and suggested that cutting those subsidies could save money.

“No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED,” he stated in a Truth Social post.

Responding to a screenshot of Trump’s post on the social media platform X, Musk replied: “I am literally saying CUT IT ALL. Now,” without elaborating further.

Musk previously helped DOGE with efforts to eliminate fraud and waste within the federal government.

In late May, Musk announced he was leaving the federal government, citing the end of his 130-day mandate as a special government employee under the Trump administration.

The billionaire reiterated his criticism of Trump’s One Big Beautiful Bill Act on Monday as the Senate moves toward passing their version of the bill. House Republican leaders have suggested the bill could be put to a vote as early as July 2 if it passes the Senate.

“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,” he wrote.

Musk has specifically objected to the bill for failing to adequately reduce spending, and due to Congressional Budget Office (CBO) projections that the bill will add to the deficit.

“It is obvious with the insane spending of this bill, which increases the debt ceiling by a record FIVE TRILLION DOLLARS that we live in a one-party country – the PORKY PIG PARTY!!” he wrote in a separate post.

Musk also said that a new political party would be formed if the bill passes.

“If this insane spending bill passes, the America Party will be formed the next day,” Must wrote in another X post. “Our country needs an alternative to the Democrat-Republican uniparty so that the people actually have a VOICE.”

Updated CBO estimates released on June 27 projected that the budget reconciliation bill would increase the deficit by around $3.25 trillion.

House Speaker Mike Johnson (R-La.) and Trump’s allies have said that the CBO is relying on a low growth rate to reach that conclusion.

By Aldgra Fredly

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Rob Reiner’s Death Proves Trump Right, Again

“I believe Donald Trump will be the last president...

British Medical Journal Decries Racist Western Opposition to Female Genital Mutilation

In its “Journal of Medical Ethics” the British Medical Journal endorsed the tradition of female genital mutilation among certain North African cultures.

The Sacred Responsibility

From the beginning of time the female of every kind holds the sacred responsibility of continuing existence itself.

Vaxx Producers Would Go Bankrupt Without Legal Immunity, Concedes Former CDC Director

Rochelle Walensky justified in a Boston Globe "Fireside Chat" vaccine makers’ special legal protections that leave Americans no recourse for injuries paid.

What’s Really Behind the US’ Ambitious Tech Plans for Armenia?

Two US think tank experts argued in a WaPo article that deeper American engagement with Armenia could help more effectively contain Russia.

Trump Orders Blockade Off Venezuela Coast to Stop Sanctioned Oil Tankers

President Trump said he ordered a blockade off Venezuela’s coast to stop sanctioned oil tankers from entering or leaving the country.

One Big Beautiful Bill: From Taxes to Tuition, How Key Provisions Will Roll Out

President Donald Trump’s One Big Beautiful Bill has set in motion one of the most far-reaching overhauls of U.S. tax and social policy in years.

FBI Had Concerns About Probable Cause for 2022 Mar-a-Lago Raid, Patel Says

FBI Director Kash Patel said agents warned DOJ of probable cause issues weeks before the 2022 Mar-a-Lago raid to recover classified documents.

Trump Says He’s Considering an Executive Order to Reclassify Marijuana

President Trump is considering an executive order to reclassify marijuana out of Schedule I, reserved for drugs deemed to have no medical value.

Trump Defends Susie Wiles After Vanity Fair Article

President Trump defended his Chief of Staff Susie Wiles, who Vanity Fair reported as saying the president has an “alcoholic personality” in an interview.

Trump Says He Is Pardoning Former Colorado County Clerk Tina Peters

Trump is pardoning Tina Peters, a former Colorado county clerk convicted of election machine tampering in the aftermath of the disputed 2020 election.

Trade Chief Jamieson Greer Indicates Progress on US–India Trade Deal

U.S. Trade Representative Jamieson Greer hinted that the United States and India are making progress on a deal.

Trump Touts Lower Prices, Bigger Paychecks in 1st Stop of National Tour

President Trump told an energetic crowd at a Dec. 9 rally that his administration’s policies are lowering the cost of living nationwide.
spot_img

Related Articles