Trump’s warning about the cancellation of Ilan Musk government subsidies and subsidies
US President Donald Trump on Thursday warned that it could cancel government contracts and subsidies awarded to mask companies by intensifying public clashes with Ilan Musk over tax and government spending.
“The easiest way to save on our budget – billions and billions of dollars – is to cut off Ilan government subsidies and contracts,” Trump wrote in a post on Truth Social.
The US House of Representatives passed the bill last month 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 recently stepped down by the Trump Department of Interests (DOGE), with a plan to reduce federal costs, criticized the president’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 president’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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