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0:26Now PlayingDonald Trump ally Elon Musk lambasted the president’s signature tax bill as a budget-busting “abomination” as Republican fiscal hawks stepped up criticism of the massive fiscal package.
The tech titan’s public condemnation pits him against the president at a critical time as Trump is personally lobbying holdouts on the bill. The remarks could stiffen resistance and delay enactment of the tax cuts and debt ceiling increase.
Musk attacked the legislation days after leaving a temporary assignment leading the administration’s Department of Government Efficiency initiative to cut federal spending. The Tesla Inc. chief executive officer’s high-profile role in the Trump administration eroded his business brand and sales of his company’s electric vehicles plunged.
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