Elon Musk, the billionaire CEO of Tesla and former White House adviser, has launched a fierce and unexpected attack on a major new tax and spending bill backed by President Donald Trump. Calling it a “disgusting and repugnant act,” Musk has accused lawmakers of betraying the American people and urged voters to remove all politicians who support the measure.
Known informally as the “Big Beautiful Bill,” the legislation is designed to cut taxes by nearly $4 trillion, largely benefiting wealthy families. But the cost of the bill, estimated to increase the federal deficit by over $2 trillion, has sparked outrage — with Musk now leading the charge against it.
On Tuesday, Elon Musk posted a dramatic message on X, formerly known as Twitter, where he appeared to burn the bill symbolically. The post marked a sharp break from his previous role advising the White House on reducing government spending.
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Elon Musk’s social media statements continued into Wednesday, as he accused the government of plunging the country into what he described as “debt slavery.” In response to Federal Reserve Chairman Jerome Powell’s earlier warning that the U.S. spending rate was “unsustainable,” Musk tweeted: “This massive level of overspending will plunge America into debt slavery!” He added, “Massive spending bills are ruining America! Enough.”
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Musk also amplified posts suggesting that the political battle isn’t about left versus right, but about “the establishment versus the people.” He responded with a “100” emoji — signaling total agreement.
Trump Reportedly Furious Over Elon Musk’s U-Turn
Despite once being his strongest political backer, Elon Musk’s recent criticism has reportedly left President Trump “very angry”. According to Fox & Friends co-host Brian Kilmeade, the president was caught off guard by Musk’s sharp change in tone. “I think the Elon Musk thing really caught the president off guard. And I heard he’s very angry,” Kilmeade said Wednesday morning.
While Trump has not directly addressed Musk’s attacks in public, he has confirmed that he plans to sign the bill into law by July 4. Notably, he made no mention of Musk in his statement. Behind the scenes, however, tensions appear to be boiling.
Elon Musk, who was the top political donor in the 2024 cycle with a reported $288 million spent to support Trump and Republican candidates, now says he may scale back his political contributions. “Unless there is a compelling reason,” Musk said, he will not continue funding campaigns that support policies he opposes.
Despite the backlash, some Republican lawmakers are standing by the bill — and by Musk. Senators Mike Lee of Utah and Rand Paul of Kentucky both expressed their support for the legislation directly to Musk, who later shared their posts online. Still, his criticism didn’t soften.
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A Deeply Divisive Economic Gamble
The proposed legislation has sharply divided both Congress and the public. While it promises large tax cuts — nearly $4 trillion — critics say it favors the wealthy and puts essential social services at risk. The bill includes over $1 trillion in cuts to Medicaid and federal food stamp programs, raising alarm among advocacy groups and opposition lawmakers.
The House of Representatives passed the bill last month. The Senate is currently developing its own version, which could be modified before final approval. The growing national debt — a central concern raised by Elon Musk — has become a key part of the debate.
While some in the Republican Party support the measure, others fear that Musk’s high-profile opposition could sway public opinion. Elon Musk’s warning to “fire all politicians” backing the bill, including Republicans, reflects growing frustration among some conservatives who view the legislation as a betrayal of fiscal responsibility.
Even though Musk is no longer a formal adviser and has no seat in Congress, his influence remains powerful — especially online, where millions of followers watch his every move. His bold statements and dramatic gestures have added a new and unpredictable twist to the already heated debate over the future of U.S. spending.