High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Politics

Elon Musk Goes Off On President Trump’s “Big, Beautiful Bill” After Senate Makes a Significant Change to the Legislation

by June 29, 2025
June 29, 2025

Elon Musk / CBS

Tesla CEO Elon Musk has emerged from hiding to comment on President Trump’s “Big Beautiful Bill,” which is currently working through Congress. He’s quite unhappy with what he’s seeing, particularly after a major alteration was made to the bill late Friday night.

As The Gateway Pundit reported, the Senate GOP released the text of the 940-page reconciliation bill just after midnight with revisions made to the previous draft. The legislation accomplishes several critical policies, including making the Trump tax cuts permanent, eliminating taxation on tips and overtime, locking down the border, and taking an axe to Joe Biden’s green energy scam.

Perhaps the most significant change to the draft was the Senate’s treatment of credits to the wind and solar industries.

The Senate previously softened the House’s restrictions on energy subsidies. Specifically, it curtailed the House’s requirement that projects must begin within 60 days of the legislation’s signing and be placed in service by the end of 2028 to qualify for key energy tax credits.

The new legislation now says that the credits can only apply to facilities that start producing electricity before the end of 2027. Moreover, the bill imposes a tax on certain wind and solar projects placed in service after 2027.

These changes came after President Trump lobbied Senate Majority Leader John Thune to crack down on these wasteful and economically destructive energy sources, delivering a significant win for conservatives.

If no further changes are made, this could lead to the loss of hundreds of thousands of jobs and the end of dozens of projects currently in the pipeline.

Seeing this massive alteration ticked off Musk. He complained that ending these subsidies would “destroy millions of jobs” and accused Senators of backward thinking.

“The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” Musk wrote.

“Utterly insane and destructive,” he added. “It gives handouts to industries of the past while severely damaging industries of the future.”

The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!

Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future. https://t.co/TZ9w1g7zHF

— Elon Musk (@elonmusk) June 28, 2025

Musk then shared a poll showing that large majorities of the public were against Trump’s signature economic legislation and called it “political suicide for the Republican Party.”

Polls show that this bill is political suicide for the Republican Party pic.twitter.com/HJwKZ9g4tu

— Elon Musk (@elonmusk) June 28, 2025

What would be political suicide for the GOP is if they listened to Musk and killed the “Big, Beautiful Bill.” Not only would the public not reward the GOP, but Trumpa nd the MAGA base would be livid.

Why bother to vote for a party that cannot fulfill its promises to voters and works against its leader?

The post Elon Musk Goes Off On President Trump’s “Big, Beautiful Bill” After Senate Makes a Significant Change to the Legislation appeared first on The Gateway Pundit.

previous post
Leftist CNN Contributor Commits a Blunder for the Ages While Trying to Fact-Check Scott Jennings and Attack President Trump (VIDEO)
next post
Administrator Kelly Loeffler Announces Full-Scale Audit of SBA 8(a) Program After DOJ Finds Over $550 Million in Contracts Linked to Bribery and Fraud Scheme

You may also like

Oxford Union Defends Their Dirtbag President-Elect After He...

September 16, 2025

CRIMINAL: Senator Chuck Grassley Reveals Biden’s FBI Put...

September 16, 2025

Patriot TV: Recognize, Organize, and Then Prepare for...

September 16, 2025

Elon Musk Calls for Far-Left Streamer Who Called...

September 16, 2025

WATCH: Kash Patel Leaves Nasty Democrat Senator Dick...

September 16, 2025

LIVE-STREAM VIDEO: FBI DIrector Kash Patel Testifies in...

September 16, 2025

BREAKING: New York Judge Drops Terrorism Charges Against...

September 16, 2025

Tony Roman, Owner of ‘Basilico’s Pasta E Vino’...

September 16, 2025

White House Insider Buck Sexton: “Trump’s Next Move...

September 16, 2025

The Smith-Mundt Act: Obama’s 2012 Changes Enabled Government...

September 16, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Promises, Contradictions, and Weak Science in the MAHA Children’s Health Report

    September 16, 2025
  • The $15 Trillion Emergency Spending Loophole

    September 16, 2025
  • Politically Motivated Terrorist Killers: Data, Sources, and Methodology

    September 16, 2025
  • $200 Surveillance Raised to $1,000 Is Still Wrong

    September 16, 2025
  • Congress Should End the CDFI Fund

    September 16, 2025
  • About Us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2025 highyieldmarkets.com | All Rights Reserved

High Yield Markets
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick