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Thursday, June 5, 2025

Elon Musk Takes A Chainsaw To The GOP’s False Deficit Claims - HuffPost

For weeks, Republicans in the White House and on Capitol Hill have falsely claimed their bill cutting taxes and Medicaid would reduce federal budget deficits, with only a few breaking from the party line to tell the truth.

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On Tuesday, Musk, until recently the face of Republican efforts to cut federal spending, ripped into the dubious deficit claims with a rhetorical chainsaw.

“I’m sorry, but I just can’t stand it anymore,” Musk wrote on X. “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.”

“It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt,” he added in a follow-up post.

Before Musk weighed in, President Donald Trump, his aides, and Republican lawmakers were all busy trying to claim that the bill would reduce the nation’s deficit ― ignoring analysis from nonpartisan budget experts saying otherwise. A Congressional Budget Office analysis of an earlier version of the bill suggested it would add more than $2 trillion to annual deficits over a decade, meaning an extra $2 trillion on a national debt that Republicans already say represents an existential threat to the country. Including interest on the debt would push it even higher.

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