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๐Ÿ˜ณ๐ŸšจElon Musk Sounds Alarm on U.S. Bankruptcy, Slams 'Disgus

CryptoPotato

Updated at: a day ago

{"content":"๐Ÿ˜ณ๐ŸšจElon Musk Sounds Alarm on U.S. Bankruptcy, Slams 'Disgusting' Spending Billโ— Elon Musk has issued a fierce warning about the direction of U.S. fiscal policy, declaring he "canโ€™t take it anymore" as he blasted a newly passed Congressional spending bill. Taking to his platform X, Musk called the legislation a โ€œdisgusting abomination,โ€ accusing Congress of driving the country toward financial collapse. In a viral post, Musk wrote: > "I'm sorry, but I just canโ€™t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination." He continued: > "Shame on those who voted for it: you know you did wrong. You know it." The criticism was aimed at the โ€œOne Big Beautiful Bill Act,โ€ a large-scale tax and spending proposal backed by former President Donald Trump, which recently passed the House and now heads to the Senate. According to the Committee for a Responsible Federal Budget, the bill could add $2.5 trillion to the deficit over 10 yearsโ€”or $5.1 trillion including interest and if temporary provisions become permanent. In a follow-up post, Musk added: > โ€œIt will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden American citizens with crushingly unsustainable debt. Congress is making America bankrupt.โ€ Musk, who previously led the Department of Government Efficiency (DOGE), announced heโ€™s stepping away from his official government role, though he noted DOGEโ€™s mission would continue internally. His statements reignited debate over fiscal responsibility. Senator Rand Paul echoed Muskโ€™s concerns, posting: > โ€œI agree with Elon. Weโ€™ve seen the waste. Another $5 trillion in debt is a massive mistake.โ€ Meanwhile, White House Press Secretary Karoline Leavitt defended the bill, calling it essential for tax relief and national priorities. $DOGE {future}(DOGEUSDT) #ElonMusk #USDebtCrisis #GovernmentSpending #FiscalResponsibility ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/05/28e02408c4c14652b0d44abed5a2b595.jpg"],"tags":[],"tradingPairs":["DOGE/USDT"],"quotearticleid":0}

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