Elon Musk Slams Trump’s $4 Trillion Spending Spree — Announces Exit From US Government Role

In an uncommon public break with his former ally, Elon Musk has criticized the “One Big, Beautiful Bill Act” introduced by Donald Trump, describing it as a threat to the nation’s financial stability.

Musk, widely recognized for leading SpaceX and Tesla, voiced concerns that the bill could worsen the budget deficit and undermine the efforts of the Department of Government Efficiency (DOGE), the agency responsible for trimming government spending.

Previously a strong Trump supporter and major donor to his 2024 re-election campaign, Musk expressed his disappointment with the massive spending bill during a CBS News interview.

The segment aired on Tuesday featured Musk denouncing the bill for potentially increasing the national deficit instead of reducing it. “I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not decreases it, and undermines the work that the DOGE team is doing,” Musk stated. Under his leadership, DOGE aimed to cut government waste, including laying off thousands of federal workers.

Musk also highlighted the contradiction between the bill’s expansive spending and his efforts to promote government efficiency. “I think a bill can be big, or it can be beautiful. But I don’t know if it can be both. That’s my personal opinion,” he added. The full interview is scheduled to air this Sunday.

The bill, which passed the House last week and now moves to the Senate, features major tax cuts and spending cuts, alongside provisions that critics argue could harm healthcare services and add as much as $4 trillion to the national deficit over the next decade.

In response to Musk’s criticism, the White House downplayed the significance of any disagreements over spending. Deputy Chief of Staff Stephen Miller clarified that the “Big Beautiful Bill” is separate from the annual federal budget and that any cuts to DOGE would require a separate legislative process.

Miller took to Musk’s social media platform, , to emphasize that reducing federal bureaucracy would involve distinct legislation.