Who pays the price? What changes with the Trump bill for taxes and expenditure

A few days after his departure from Washington, billionaire businessman Elon Musk criticized US President Donald Trump’s basic bill on taxes and government spending. Writing on X, Musk attacked the bill as “disgusting” and argued that he would massively increase the already giant fiscal deficit to $ 2.5 trillion and burden US citizens with overwhelming non -viable debt. The bill, which Trump has described as “big and beautiful”, passed in May from the House of Representatives by a small majority. However, members of the Trump Republican Party have blocked it in the Senate. They react to the planned increase in the debt roof and want deeper cuts in spending. White House spokesman Caroline Levit said: “Look, the president was already aware of Elon Musk’s position on this bill. Does not change the opinion of the president. This is a big, nice bill, insists on it. ” The bill aims to extend to permanent […]
Source: News Beast

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