Government Spending

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'Time for a new political party': Musk continues trashing GOP megabill, calls for new party
MSNBC· 2025-07-01 11:00
weeks after he said he will step back from politics to focus on his businesses, Elon Musk is back in the fray again, publicly bashing this Republican mega bill. In a social media post yesterday, Musk wrote, "It is obvious with the insane spending of this bill, which increases the debt ceiling by a record $5 trillion, that we live in a one party country, the Porky Pig Party." He writes, "Time for a new political party that actually cares about the people." Mus followed up with another post calling for the cr ...
Senate votes on amendments to Trump’s ‘big, beautiful bill’ stretch late into the night
CNBC Television· 2025-07-01 10:48
Meanwhile, the Senate working all night on President Trump's tax and spending bill, voting on dozens of amendments as GOP lawmakers race the clock to try to get things done by Independence Day at the end of this week. Emily Emily Wilkins uh is with us. I know.Have you been up all night. You know, Andrew, I I did get a couple hours of sleep, but but I have been up for a few hours now just reviewing everything because we actually did kind of expect that there could have been that final vote by now. Instead, w ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-01 05:11
“As government spending is made more efficient and spending is reduced, the tax via inflation is reduced. One way or another, you will effectively be better off if resources in the United States are not wasted.People will do more useful jobs than before, the total output of goods and services will increase, and then the average standard of living will increase.”Elon Musk ...
X @Elon Musk
Elon Musk· 2025-06-30 20:02
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!And they will lose their primary next year if it is the last thing I do on this Earth. ...
X @The Economist
The Economist· 2025-06-30 05:25
Given the size of rich countries’ deficits, textbooks would advise, at the very least, cutting back on spending. Today’s governments prefer to double down https://t.co/cr5em9MsAT ...
Dr. Scott Gottlieb on Trump's proposed cuts to health and science funding
CNBC Television· 2025-06-17 13:49
Well, there's a proposed cut in the president's budget for 2026 that's quite substantial. I think on the order of $17 billion, but for this year, the NIH is very far behind their spending goals. And so, they're about $2.3% billion right now behind where they would normally be if they were spending the budget that was allocated for 2025.And this is going to set up a difficult situation towards the end of the year. either NIH is going to have to spend that money out money, which means they're going to have to ...