Elon Musk Warns: “America Headed for Bankruptcy” Over Bloated Spending Bill
Elon Musk has issued a dire warning about the future of the U.S. economy, calling out unchecked government spending and labeling a new Congressional bill a “disgusting abomination.” Venting his frustration on X (formerly Twitter), Musk wrote:
> “I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.”
The bill in question — the One Big Beautiful Bill Act — is a sweeping tax and spending package backed by President Donald Trump. It recently passed the House and now awaits action in the Senate.
According to the Committee for a Responsible Federal Budget, the bill could add $2.5 trillion to the national deficit over the next decade — or as much as $5.1 trillion including interest, if temporary provisions like the expanded child tax credit and exemptions for tips and overtime become permanent.
In a follow-up post, Musk added:
> “It 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.”
Previously head of the Department of Government Efficiency (DOGE), Musk recently stepped down from his role as a special government employee. He thanked President Trump and noted that DOGE’s mission would continue within internal government operations.
His comments sparked a wave of reactions. Senator Rand Paul also weighed in:
> “I agree with Elon. We have both seen the massive waste in government spending and we know another $5 trillion in debt is a huge mistake. We can and must do better.”
White House Press Secretary Karoline Leavitt defended the bill, calling it vital for preserving tax relief and supporting key national priorities.
The debate over fiscal responsibility is heating up — and Musk’s blunt warnings are adding serious fuel to the fire.
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