Donald Trump Responds to Elon Musk's Criticism of Tax Bill
Forbes Breaking NewsJune 7, 202510 min12,792 views
17 connectionsΒ·19 entities in this videoβTrump's Reaction to Musk's Criticism
- π£οΈ President Trump expressed surprise at Elon Musk's critical remarks regarding his "big beautiful bill," a significant tax cut.
- π‘ Trump stated he would rather Musk criticize him personally than the bill, which he described as the "biggest tax cut in history" with substantial benefits for individuals and small businesses.
The "Big Beautiful Bill" and EV Mandate
- π° The bill includes approximately $1.6 trillion in cuts, aiming to lower people's taxes significantly.
- π Musk's criticism is linked to the bill's removal of the EV mandate, which Trump noted was a costly subsidy for electric vehicles that Musk was aware of from the beginning.
NASA Appointment and Personal Relationship
- π Trump explained that he did not appoint Musk's preferred candidate, a Democrat, to run NASA, citing the need for Republican appointments after winning the election.
- π Trump recalled a positive past relationship with Musk, including a "wonderful send-off" where Musk praised him, expressing disappointment in the current public criticism.
Economic Performance and Inflation
- π Trump highlighted positive economic numbers, including a potential $2.8 trillion surplus over 10 years when tariff revenue is included, despite CBO scoring disagreements.
- π He contrasted current low inflation (around 2%) with the "worst inflation in the history of our country" under the previous administration, noting that grocery and gasoline prices have decreased.
Border Security and Political Endorsements
- π Trump asserted that his administration achieved the "best border in the history of our country," with illegal crossings drastically reduced.
- π³οΈ He mentioned that Musk had previously endorsed him strongly and campaigned for him, expressing disappointment that Musk developed issues with the bill only after its key components, like the EV mandate cut, were finalized.
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Transcript39 segments
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Whatβs Discussed
Donald TrumpElon MuskTax CutsEV MandateNASAInflationBorder SecurityEconomic PolicyCBO ScoringTariff Revenue
Smart Objects19 Β· 17 links
PeopleΒ· 3
CompaniesΒ· 4
ConceptsΒ· 8
MediasΒ· 4