Musk Says He’s ‘Disappointed’ That Trump Tax Bill Raises Deficit

May 28, 2025, 3:12 AM UTC

Elon Musk expressed dissatisfaction with President Donald Trump’s giant tax bill, saying it undercut his efforts to slash government spending.

Musk, who has announced he’s stepping back from his Department of Government Efficiency — a body that quickly became an exponent of the second Trump administration’s vision — told CBS News in an interview that he was “disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing.”

Earlier: Trump Tax Bill Narrowly Passes House, Overcoming Infighting

Elon Musk
Photographer: Andrew Harnik/Getty Images

The legislation, which Trump ...

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