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It will massively increase the already gigantic budget deficit to $2.5 trillion (!!!) and burden America citizens with crushingly unsustainable debt

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Elon Musk

@elonmusk

I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.

10:35 AM · Jun 3, 2025

18.1M

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Peter Schiff

@PeterSchiff

It will actually increase annual deficits by much more as the economic and interest rate assumptions are too optimistic. Plus, the "cuts" that don't kick in for five years will never actually take effect. The entire bill is a fraud.

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Peter Schiff

@PeterSchiff

Thank you Elon. You are absolutely right. I really appreciate your calling attention to this fraud. Hopefully you can influence the President to veto the bill if it passes the Senate in its current form, or anything close to it.

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The Africa Report

@TheAfricaReport

The World Bank has halted its disbursements to Gabon due to payment arrears. With the presidential election approaching, the country’s public finances are in dire straits. l.theafricareport.com/7RO By

@thaisbrouck

Is Gabon on the brink of default?

From l.theafricareport.com

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World of Statistics

@stats_feed

USA budget deficit: 2000: $236 billion 2001: $128 billion 2002: $158 billion 2003: $378 billion 2004: $413 billion 2005: $318 billion 2006: $248 billion 2007: $161 billion 2008: $459 billion 2009: $1.41 trillion 2010: $1.29 trillion 2011: $1.30 trillion 2012: $1.07

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Jonatan Pallesen

@jonatanpallesen

U.S taxpayers pay on average $6,300 in extra taxes each year just for that year’s debt interest. Not for any services, or even to pay down the debt, just to pay the yearly interest.

13K

greg

@greg16676935420

So what you’re saying is the big beautiful bill is not actually beautiful

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Libertarian Mama

@LibertarianMama

Republicans talk like libertarians and spend like democrats.

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Wayne Vaughan

@WayneVaughan

Announce your companies are buying Bitcoin because of the out of control government spending.

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Brian Krassenstein

@krassenstein

Thank you for saying this.

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Ronald Reagan Presidential Foundation & Institute

The ONLY problem with

@DOGE

was that it didn't go far enough to slash wasteful spending. The US gov't owes $323,00 PER TAXPAYER! That's the equivalent of buying each of them a house!

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David Sommers

@dgsommersmkts

Yes, and it will also greatly increase inflation, pushing prices consumers pay higher and higher, unfortunately.

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Sycamore’s Source

@sycamoressource

Keep it up Elon! They might call you woke soon

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Rock Paper Sizzle

@RPSizzle

One Nation, under Trump, Stronger THAN EVER. Are you Trump Tough?

Tough T's Here: rockpapersizzle.shop/pages/trump-to

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Tony Kinnett

@TheTonus

Yeah but financial collapse in 2035 sounds like a real hoot!

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@alojoh

We need the freaking bots doing useful stuff! Get them out asap. Politicians won’t save us from debt collapse. Bots may offer an alternative venue.

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Canadian Prepper

@PrepperCanadian

Lets stop pretending it matters whether its 1 billion or 2.5 trillion, bickering about the size of the font in the final notice! The interest on the current debt is insurmountable never mind the principle. Nothing will happen, nothing will change. Let it crash. Let it burn.

GIF

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Space Sudoer

@spacesudoer

I'm glad you spoke out about this. From last few days it felt like you were holding yourself back about certain issues in this administration.

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Dr. Donna Marks | Therapist/Author

@drdonna_marks

Thank you for speaking the truth. You must feel disgusted after volunteering so much time to cut fraud, waste, and abuse - only to have our elected officials totally disregard the reality of the death of our nation through financial suffocation.

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Mr Producer

@RichSementa

Karoline Leavitt Responds To Elon Musk's Big Beautiful Bill Hatred "The president already knows where Elon Musk stood on this bill. It doesn't change the president's opinion. This is one big beautiful bill and he's sticking to it."

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Stinson Norwood

@snorman1776

Trump is gonna add more debt in two terms than Obama and Biden did in three.

Yaman Tasdivar

@ValueAnalyst1

FACT: DOGE failed miserably

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Amygator

*not an actual alligator

@AmyA1A

“In all, the bill is expected to increase budget deficits by $2.7 trillion through 2034” This is the definition of “unsustainable.”

Stefan

@StefanBuilds

This is actually not that hard a problem to solve. Just need 1 law passed

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Estadio Deportes

@EstadioDxts

#ExtraCancha HUBO REUNIÓN

La noche de ayer, el presidente Trump anunció que tendría una reunión con Canadá y México la mañana de hoy. ¿Qué se sabe? Te lo contamos.

#Trump #Sheinbaum #Aranceles estadiodeportes.mx/extracancha/Do,

Donald Trump tendrá este lunes una llamada con Claudia Sheinbaum

From estadiodeportes.mx

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Natalie F Danelishen

@Chesschick01

The average person doesn’t understand that if they keep spending and adding to our debt we will see the collapse of the dollar and hyperinflation. It’s unsustainable.

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Torsten Prochnow

@TorstenProchnow

Elon Musk's stark warning about the $2.5 trillion deficit explosion is dead-on. The deficit itself is an economic nuclear bomb, ticking toward a catastrophe that could shatter the United States' financial foundation. If it detonates, the nation faces crippling debt, eroded global

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Maggie

@maggiemoda

You are absolutely right. The people who file neatly in line to pass these bills will not be remembered well.

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Ada Lluch

@ada_lluch

Just so I understand, they had to options: 1. Make the US richer 2. Make the US poorer And they voted to make the US poorer, right? And the people who voted for it, claim to care about America? Wow

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East Bradenham

@ddbecker5454

Can anyone explain to me why the Republican budget bill that passed the House includes a $42,000 bonus (on top of regular salary and benefits) for every ICE employee? Why do they get any bonus for just doing their job? Why do other law enforcement personnel (FBI, Secret Service,

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The Sentinel

@sentinelpatrol

So Thomas Massie was right?

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Fight With Memes

@FightWithMemes

This will devalue your currency even more, if you were curious.

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Neil

@neilsaidwhat

How in the world were you duped into supporting this regime? Massive blindspot and blow to the Musk legacy. You literally put these people in power.

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Bryan Jacoutot

@BryanJacoutot

Anyone that has read The Sovereign Individual understands why neither party has any real appetite for cutting the budget

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Outspoken

@Out5p0ken

soooo the Big, Beautiful Bill is ugly and will hurt Americans?

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VOZ

@Voz_US

"The Democratic Party's actions had left many U.S. citizens feeling humiliated. Signs of a Trump victory were proclaimed well before Biden withdrew from the race. The voters had had enough."

@KarinaLMariani

The Democratic Party's actions had left many U.S. citizens feeling humiliated. Signs of a Trump victory were proclaimed well before Biden withdrew from the race. The voters had had enough.

Against the Tide: Why Trump won back the heart of America

From voz.us

Rate proposed Community Notes

139M

Gail

@gailalfaratx

I’m genuinely concerned about young people today, the terrible effects of this on them

8.1K

Kirk Lubimov

@KirkLubimov

No one wants to drain the swamp. We need fiduciary duties for politicians.

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Johnny Utah

@CRAYsecurity

The Senate MUST make this a better bill. Even adding a $1B deficit is outrageous.

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Adam Lowisz

@AdamLowisz

Our government debt has gotten out of control. We have to balance the books soon or compounding interest will make it impossible to pay it back.

@grok

, explain how compounding interest is a huge threat on our national debt.

Crispin Sartwell

@CrispinSartwell

you're late noticing this, elon, but trump is no small-government conservative.

As long as we're on the topic of things that "will crush America"

@elonmusk

.. ..everyone needs to hear a renouncement of the "infinity Indians" American replacement via H1-B/outsourcing practices.

Erich Hartmann

@erichhartmann

The GOP actively attacked anyone who dared call this out. Then they dropped to their knees and blew Lawler.

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Dominic Michael Tripi

@DMichaelTripi

The bill completely negates DOGE cost cutting efforts.

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Michele B

@GrizeldaGndersn

Elon, I think you were in your position long enough to know that they hate us and only care about lining their own pockets.

Voluntaryist Minister

2/ HB 149 would: 1. Cost $55.7M over 5 years 2. Add 20 full-time state employees 3. Penalize undefined “algorithmic bias” 4. Empower regulators to restrict free speech Bill: capitol.texas.gov/BillLookup/Tex

Oof.

Any person that thinks republicans are fiscally conservative is actually retarded

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Rhonda Anne

@RhondaAnne719

They don't care about middle-class America. Every time these monstrous spending bills get passed, they funnel billions into special interests while everyday families struggle with rising costs, unaffordable housing, and shrinking paychecks. The system isn’t broken; it’s working

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parachutes₿

@parachutesBTC

So, what you’re saying is there is a Big Print coming?

GIF

Yeah It will also undermine all the work Doge has done...

Very very sad :(

Let’s tackle it: close tax loopholes, cut wasteful spending, reform entitlements, invest in growth, control healthcare costs, and set bipartisan debt goals. Aim for a 60-70% debt-to-GDP ratio.

Buy Bitcoin Elon

Let it out

Budget & Tariff "Uncertainty" Hits Americans | This Week's Economy Ep. 112 Tariffs, Texas budgets, and the Fed—what’s fueling uncertainty, and how to restore economic sanity. I explain in this episode. Watch and subscribe: vanceginn.substack.com/p/budget-and-t

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Clay Martin

@wayofftheres

I’m ready to go to Mars. But we both know we are going to have to fight for that.

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Eric Vander Wal

@TheVanderWal

Elon looking for the scapegoat for doges inability to bring down the debt

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@HitDaWallAgain

Finally admitting you're disappointed by the Donald!? I know you can't say it publicly, but he does that to people, especially women. Next time spend your money on a true patriot, like Massey.

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Marcus Hilarious

@EmperorOfPuns

Have you ever stopped to think that maybe, just maybe, they simply don't care? Honestly I'd expect you to know that

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Frank

@rodriQuez

Seems like you’re speaking to the choir and Moot, when: House Republicans codify just $9.4 billion of nearly $500 billion in government waste uncovered by DOGE, which is less than 2% of the total governmental waste found and flagged.

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Axiomatic Enemy of the State

@DeTocqueville14

They plan on leaving that crushing unpayable debt to generations yet to be born

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Ṁ

@mbs_ctt

Describe in detail what you could remove that would pass. If it doesnt pass, a bunch of other crippling horrors happen such as the greatest tax increase in history. Describe in detail what you could remove that would pass. Exactly, thats the issue at hand. Replace rinos.

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Ultramõrd Sillu

@suunasolkija

Elon raging about government spending while cashing in on billions in taxpayer subsidies is like a bonfire yelling at a candle for wasting wax.

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