Trusted Gold Reserve
  • Politics
  • Stock
  • Investing
  • Business
Politics

FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

by admin June 7, 2025
June 7, 2025
NEWYou can now listen to Fox News articles!

Elon Musk’s fiery feud with President Donald Trump spilled onto the top Republicans in Congress, where the tech billionaire questioned if their zeal to cut spending had disappeared. 

Musk launched into a social media assault this week against Trump’s ‘big, beautiful bill,’ and accused Republicans of crafting a ‘disgusting abomination’ full of wasteful spending. 

What started as a rant against the bill turned into pointed attacks against Trump, Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La. 

The tech billionaire and former head of Trump’s Department of Government Efficiency (DOGE) lamented the bill as not cutting deep enough into Washington’s spending addiction. The House GOP’s offering, which is now being modified in the Senate, set a goal of $1.5 trillion in spending cuts. 

Musk set a benchmark of finding $2 trillion in waste, fraud and abuse to slash with his DOGE initiative, but fell far short, hitting only $160 billion in his four-month stint as a special government employee. 

Still, he came with receipts, questioning whether Trump, Thune and Johnson were actually committed to making deep cuts. 

Below are moments from the campaign trail and recent months compiled by Fox News Digital where the trio affirmed their commitment to putting a dent in the nation’s nearly $37 trillion debt. 

Trump on the trail in 2024: ‘We will stop wasteful spending’

A common theme for Trump during his 2024 presidential campaign was to go after the Biden administration, and his opponent, former Vice President Kamala Harris, for ‘throwing billions of dollars out the window.’ 

The then-presidential candidate vowed that should he win a second term, his incoming administration would halt wasteful spending. 

‘We will stop wasteful spending and big government special interest giveaways, and finally stand up for the American taxpayer, which hasn’t happened since I was president,’ he said. ‘We stood up. Our current massive deficits will be reduced to practically nothing. Our country will be powered by growth. Our country, will be powered by growth, will pay off our debt, will have all this income coming in.’

Thune renews promise to cut spending with Trump’s ‘big, beautiful bill’: ‘It does everything we set out to do’

Thune has agreed with his colleagues in the House GOP that the tax cut package needs to achieve steep savings, and believes that the Senate GOP could take those cuts a step further. After the bill advanced from the House last month, the top Senate Republican re-upped his vow to slash federal funding. 

‘It does everything that we set out to do. It modernizes our military, secures our border, extends tax relief and makes permanent tax relief that will lead to economic growth and better jobs in this country, and makes America energy dominant, coupled with the biggest spending reduction in American history,’ he said. ‘So those are our agenda items, and that’s what we campaigned on. That’s what we’re going to do.’

Johnson after the House’s passage of the budget plan: ‘What you’re going to see is a continuing theme of us identifying waste, fraud and abuse in government’

Johnson had to strike a balancing act in the House to cobble together enough support behind the legislation, and struck deals and satisfied concerned lawmakers across the spectrum of the House GOP while still setting a goal of $1.5 trillion in spending cuts. Rooting out waste, fraud and abuse has been a continued mantra of the speaker and his allies. 

‘I said this is the beginning of a process, and what you’re going to see is a continuing theme of us identifying waste, fraud and abuse in government, which is our pledge of common sense, restoring common sense and fiscal sanity,’ Johnson said.  

This post appeared first on FOX NEWS

admin

previous post
‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party
next post
Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

You may also like

US appeals court blocks Trump contempt proceedings ordered...

August 9, 2025

Trump and Putin’s relationship turns sour as president...

August 9, 2025

WATCH: GOP senators divided over whether Epstein documents...

August 9, 2025

MIKE DAVIS: Eric Tung is Trump’s pick to...

August 9, 2025

Federal agencies directed to delete employee COVID vaccination...

August 9, 2025

Trump’s deadline on secondary tariffs arrives; US-Russian relations...

August 8, 2025

Biden camp skipped Super Bowl interview amid Robert...

August 8, 2025

Steve Bannon has two-word answer to dismiss 2028...

August 8, 2025

Trump’s Senate closer: Republican freshman emerges as key...

August 8, 2025

Violent attack reignites BOWSER Act debate as Trump...

August 7, 2025
Copyright © 2025 trustedgoldreserve.com | All Rights Reserved

Stock

  • Chart Mania – 23 ATR Move in QQQ – Metals Lead 2025 – XLV Oversold – XLU Breakout – ITB Moment of Truth

    July 26, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    July 25, 2025
  • Momentum Leaders Are Rotating — Here’s How to Find Them

    July 25, 2025
  • Is META Breaking Out or Breaking Down?

    July 24, 2025
  • A Wild Ride For the History Books: 2025 Mid-Year Recap

    July 24, 2025
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 trustedgoldreserve.com | All Rights Reserved

  • Politics
  • Stock
  • Investing
  • Business