Trump’s warning about the cancellation of Ilan Musk governme subsidies and subsidies
US Preside Donald Trump on Thursday warned that it could cancel governme coracts and subsidies awarded to mask companies by iensifying public clashes with Ilan Musk over tax and governme spending.
“The easiest way to save on our budget – billions and billions of dollars – is to cut off Ilan governme subsidies and coracts,” Trump wrote in a post on Truth Social.
The US House of Represeatives passed the bill last moh with a slight dispute, but the CGO Budget Office (CBO) on Wednesday estimated the cost it would have for taxpayers if approved for taxpayers: a federal federal debt of nearly $ 1.5 trillion.
Mask, who recely stepped down by the Trump Departme of Ierests (DOGE), with a plan to reduce federal costs, criticized the preside’s proposal, saying, “The massive bill, cruel and full of macro costs is a disgusting act.”
CBO calculation of Trump’s “Big Bill” bill shows a $ 1.5 trillion reduction in expected revenues and a $ 1.5 trillion costs over the decade to eight, compared to initial forecasts.
But conservative Democrats and Republicans – including Mask – are concerned that the bill could threaten the US economy.
Trump administration officials have repeatedly rejected CBO forecasts as false, saying that the plan will increase economic growth by more than 5 % next year.
But the bill faces opposition from both parties in the Senate, where several judges have expressed a tendency to make changes to the preside’s plan.
Trump is expected to meet with members of the Senate Financial Committee before the Senate’s final voting to discuss the bill.
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(Tagstotranslate) Donald Trump (T) Mask
