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Home FINANCE

Elon Musk Slams Trump’s Big Beautiful Tax Bill as a “Disgusting Abomination”

Michael Juanico by Michael Juanico
June 3, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 3 mins read
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  • Elon Musk slammed Trump’s spending bill, calling it a “disgusting abomination.”
  • He warned it could push the U.S. deficit to $2.5 trillion and crush taxpayers.
  • Despite the backlash, Trump stands by the bill, claiming it will drive growth.

Elon Musk didn’t hold back this week, torching the Trump-endorsed tax-and-spending bill in a blunt series of posts on X. He called it a “disgusting abomination” and slammed Congress for backing what he sees as a bloated, reckless move. Musk, who recently wrapped up a brief stint as a “special government employee,” warned the bill could blow the national deficit up to $2.5 trillion.

JUST IN: Elon Musk calls Trump's new spending bill a "disgusting abomination" 👀 pic.twitter.com/kr15p55XJq

— BlockNews (@blocknewsdotcom) June 3, 2025

“You Know You Did Wrong”

Musk didn’t mince words. He called out lawmakers directly—“Shame on those who voted for it: you know you did wrong.” He said the bill was full of pork and would dump crushing debt on the American public. Even for someone who’s been one of Trump’s biggest boosters, this bill, according to Musk, crossed a major red line.

White House Shrugs Off the Heat

Despite the backlash, the Trump team isn’t flinching. Press Secretary Karoline Leavitt said Trump is standing firm, calling it “one big, beautiful bill.” When asked about Musk’s reaction, she said the president already knew where he stood—and isn’t budging. Trump even fired shots at Sen. Rand Paul for criticizing the bill’s debt ceiling hike, claiming the plan would unlock “tremendous GROWTH.”

It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt https://t.co/dHCj3pprJO

— Elon Musk (@elonmusk) June 3, 2025

GOP Fractures Begin to Show

Not all Republicans are staying quiet. Rep. Thomas Massie of Kentucky agreed with Musk’s assessment, replying simply, “He’s right.” Musk followed up with “Simple math.” So while Trump stays the course, this latest fight is revealing cracks in his usual support base—and Musk’s not one to go quietly.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Elon MuskElon Musk Slams Trump's Big Beautiful Tax Bill as a "Disgusting Abomination"Karoline LeavittRand PaulTrump
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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