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Musk Slams Trump’s Great Tax Act

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Washington (AP) President Donald Trump wants his “large, beautiful” tax breaks and spending cuts to be signed in the law on his desk until fourth, and he drives the leisurely Senate more than later.

Trump met in the White House with the majority leader of the Senate, John Thune, and chose senators for one-on-one discussions at the beginning of this week, but both the carrots are still a long way for the over 1000-page package.

“His question for me was, how do you think the bill will go in the Senate?” Senator Josh Hawley, R-Mo., Said about his call with Trump. “Do you think there will be problems?”

It is a potentially turbulan three -week sprint for senators who are preparing to prepare the massive Republican package, which the house to remove the house at the end of the last month. The senators have been meeting behind closed doors for weeks, even when they returned to Washington overdue Monday to revise the package before it is a similarly close voice in the Senate.

“The part of the one large, beautiful Bill is a historical opportunity to turn our country around,” Trump posted on social media. He asked her on Monday to “work as soon as possible to bring this bill to my desk before the fourth of July.”

But Trump’s highly maker, billionaire Elon Mousk, sold the package-and those who vote for it.

“This massive, outrageous congress expenditure law filled with pork is a disgusting abomination,” Musk published on his website X, since some legislators have expressed reservations about the details. “Shame about those who voted: You know that you did it wrong. You know it.”

Like House Speaker Mike Johnson, Thune has only a few voices from the slim GOP majority with 53 seats of the Senate. Democrats carry out a comprehensive political attack on GOP proposals to reduce medicaid, food brands and environmentally cordial energy investments in order to pay more than $ 4.5 trillion in tax cuts. Many legislators are hammered at home in exuberant town halls.

“It would be nice if we could all have on board to do it, but they know that individual members lay their positions,” said Thune on Tuesday.

“But in the end we have to be successful. The failure is not an option.”

Spokesman Johnson described Musk’s difficult criticism of the calculation “very disappointing”.

“With all respect,” said Johnson, who said he had spoken to Musk for more than 20 minutes, “my friend Elon is terribly wrong about the great nice bill.”

In essence, the package tries to extend the tax cuts approved in 2017 during Trump’s first term in the White House and add fresh ones for which the presidents fought, including no taxes on tips and others. It also includes a massive structure of $ 350 billion for border security, deportations and national security.

To cover the lost tax revenue to the government and to avoid the debt load of 36 trillion dollars. The estimates are 8.6 million people who no longer have health care and lose almost 4 million benefits for nutritional programs called SNAP.

The package would also escalate the country’s debt limit by 4 trillion US dollars to enable more loans to pay the invoices.

The democratic chairman of the Senate, Chuck Schumer, said Trump’s draft law was “ugly for his core.”

Schumer said that Senators should listen to Musk on Tuesdays. “Behind the smoke and the mirrors is a cruel and draconian truth: tax industry for the ultra-rich, which are paid for by reducing the health care of millions of Americans,” said New York senator.

The impartial congress household office will soon offer an overall analysis of the effects of the package on state balance sheets. But the Republicans are ready to blow up these findings of the congress title as incorrect.

Trump on Tuesday switched to harder tactics and ridiculed the Republican Senators from Holdout to get on board.

The President put the Senator Randa Paul in Kentucky, the libertarian-oriented deficit-hawk, who has made a career of argument against government spending. Paul wants the escalate in the package by 4 trillion US dollars to the debt limit from the invoice.

“The border is not wrong, but never has practical or constructive ideas. His ideas are actually crazy (losers!).” Trump posted.

Paul seemed unimpressed. “I like the president, supported the president,” said the senator. “But I can’t give up any principle for which I stand and every principle I was chosen for.”

The deadline on July 4 is not only for the president, but also for the finance minister Scott Bessent, who warned the congress that the nation no longer has any money to pay its bills if the debt limit, now at $ 36 trillion, is not lifted until mid-July or early August to enable more loans. Besser also met behind closed doors with senators and GOP leadership.

The street in front of us is also a test for South Dakota, like Johnson, a newer guide in the congress and among the many Republicans who adapt their own priorities with Trump’s return to the White House.

While Johnson has warned of massive changes in the package, Thune stands for adjustments to his senators’ demands.

In order to make most of the tax cuts permanently – in particular the business tax benefits that represent the Senate priorities – Senators can contain some of the proposed fresh tax benefits from Trump for automotive loans or overtime, which are less estimated by some senators.

There are also discussions about the change in the $ 40,000 limit, which the house for state and local deductions, which are known as Salt, proposed that are significant for legislators in high tax New York, California and other countries, but less among the GOP senators.

“We have all of these discussions,” said Senator Thom Tillis, Rn.C., another key voice in the debate.

Hawley belongs to a group of senators, including Maine Senator Susan Collins and Alaska Senator Lisa Murkowski, who expressed concerns about the Medicaid changes that could have controlled people from health insurance.

A potential procedure of up to 35 US dollars for Medicaid services that were part of the House package, as well as a termination of a provider tax, to which many states rely to finance rural hospitals, have also expressed concerns.

“The best way not to be accused of having cut Medicaid is not to cut Medicaid,” said Hawley.

Collins said she checked the details.

There is also a home determination that enables the auction of the spectrum bandwidth that some senators say.

__ Associated Press Journalist Kevin Freek, Mary Clare Jalonick, Matt Brown, Joey Cappelletti, Michelle L. Price, Josh Boak and Nathan Ellgren have contributed to this report.

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