By Dave Goldiner
New York Daily News
(TNS)
Presidential advisor Elon Musk criticized President Trump’s sprawling “One Big, Beautiful BIll” as wasteful in a new interview on Wednesday.
Musk derided Trump’s signature budget package of tax and spending cuts, which narrowly passed in the House of Representatives, for undermining the cost-cutting effort of the Department of Government Efficiency (DOGE).
“I was disappointed to see the massive spending bill, frankly, which increases the budget deficit … and undermines the work that the DOGE team is doing,” Musk said in the interview with CBS News.
“I think a bill can be big or it can be beautiful, but I don’t know if it can be both,” he added. “My personal opinion.”
- Related article: House Passes Sweeping ‘Big, Beautiful Bill’ After Weeks of Arm-Twisting
- Related article: Senate Republicans Vow Changes to Trump Tax-and-Spending Megabill
- Related article: SALT Write-Off, Harvard Tax, Medicaid Cuts: What’s in Trump’s Bill
Trump did not immediately respond to the remarks from Musk. The interview will air in full on the CBS Sunday Morning show.
Musk said the bill includes far too much spending and too few cuts. It slashes Medicaid but also includes new outlays for border security and Trump’s Golden Dome missile shield, among other political sweeteners.
The controversial measure, which Republicans still need to ram through the Senate on a party-line vote, extends and expands Trump’s 2017 tax cuts, increasing the deficit by $3.8 trillion by 2034, according to the Congressional Budget Office.
The bill is taking heat from warring GOP factions. Fiscal hawks have slammed it for failing to rein in federal spending, while populists like onetime Trump whisperer Steve Bannon have suggested the cuts could prove damaging with working-class voters.
Musk has announced he is exiting his position at DOGE and is returning to running his companies, which include Tesla, SpaceX, X (Twitter), and Neuralink, among others.
Musk recently said he plans to pull back on his political spending.
“I think I’ve done enough,” Musk said in a frank interview.
Photo caption: President Donald Trump greets Tesla CEO Elon Musk before a state dinner at the Lusail Palace on May 14, 2025, in Doha, Qatar. (Win McNamee/Getty Images/TNS)
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©2025 New York Daily News. Visit at nydailynews.com. Distributed by Tribune Content Agency LLC.
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Tags: Congress, doge, Elon Musk, Legislation, Taxes, Trump tax cuts, Trump tax plan
Tonya Strickland May 28 2025 at 2:55 pm
I'm truly not understanding what Trump is doing cutting Medicaid My daughter has had diabetes for the age of 8 years old and with out her insulin she will die I truly thought Trump was going to help us God be with us