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Tax bill Trump spending plans undermine Doge cuts - Musk

The Guardian

|

May 29, 2025

Elon Musk has publicly criticised proposed spending under Donald Trump's tax bill, in comments likely to widen a rift between them, saying the plans undermine cost-cutting efforts the Tesla boss spearheaded.

- Kalyeena Makortoff

The remarks by the billionaire businessman were made to CBS as part of a longer interview due to run on its Sunday Morning programme.

In a preview posted on social media, Musk said he was "disappointed to see the massive spending bill, which increases the budget deficit...and undermines the work that the Doge team is doing".

Musk had been leading the "department of government efficiency" (Doge) since January, which was given the task of cutting state spending. He announced in April he would be stepping back from the Trump administration after Tesla's earnings plunged, and after fruitlessly spending millions of dollars backing a Republican candidate for the Wisconsin supreme court.

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