Billionaire Elon Musk said on Wednesday that he is “disappointed” with the tax reform project proposed by United States President Donald Trump, and he has stated that these measures put at risk the work that the Department of Government Efficiency (DOGE) that he leads has been doing.
“Frankly, I was disappointed to see the huge spending bill that increases the budget deficit,” he confessed, according to a preview of an interview for CBS that the network will air this Sunday.
A week ago, the Trump Administration scored a new victory by getting the House of Representatives to pass a bill to cut taxes while increasing defense spending by just one vote, amid criticism from within the Republican Party.
The bill, which will now have to go to a Senate where Republicans have the majority, received 215 votes in favor and 214 votes against, including two rogue congressmen who voted alongside the Democrats.
In addition to extending the cuts imposed in 2017 during his first term, he adds new tax exemptions and increased funding to his aggressive immigration policy. To offset this increase in spending, he proposes to redirect funds initially intended for social programs and healthcare assistance.
After both showed great harmony with Trump’s return to the White House, Musk has gradually distanced himself not only from the political forefront but also from his work leading the highly criticized DOGE, which in its first weeks of operation laid off thousands of workers and reduced, among other things, the foreign aid activities of the United States Government.
In April, faced with a sharp drop of over 71 percent in his company Tesla’s profits, Musk announced that he would limit his role as a government advisor.