Now that Tech billionaire Elon Musk has withdrawn from his advisory post in the White House, he fires from all pipes against a tax and expenditure law planned by US President Donald Trump. The founder of Tesla now mobilizes parliamentary members who are supposed to vote against the project.
The entrepreneur, who was recently entrusted to savings in the state apparatus, mainly criticizes the planned increase in debt limit and demands stronger costs. Musk warns that Trump’s legislative proposals – by this as a “big beautiful law” – will lead to a higher budget deficit and that the government debt will increase further. The day before, the multi -billionaire described the plan as “disgusting horror”. He then warned that the congress members would vote for it, will be elected in the intervening elections in November 2026.
Musk is concerned about tax reductions for Tesla
Trump initially did not comment on the Musk campaign against the law. The Republican head of the House of Representatives, Mike Johnson, said after a conversation with the president that Trump was “not satisfied”. Johnson also indicated that behind the resistance of the tech billionaire could be made against the law. Musk runs the manufacturer of the electric car Tesla, which has to do with sales returns. The law would shorten tax aid for electric vehicles.
According to media reports, Musk would have tried to prevent this. Johnson said in an interview with journalists that he knew that the measures were important for Musk. “I know this has consequences for his company.” The TV broadcaster NBC reported that Trump’s surroundings about Musk’s warning words to the Congressmen with a view to the interim elections in the coming year. All seats in the house of representatives and a good third of the mandates in the Senate are then again warned.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
