{"id":259588,"date":"2025-06-29T11:46:40","date_gmt":"2025-06-29T06:01:40","guid":{"rendered":"https:\/\/insurancekhabar.com\/musk-calls-trumps-tax-and-spending-bill-a-disastrous-decision-full-of-madness-2\/"},"modified":"2025-06-29T11:46:40","modified_gmt":"2025-06-29T06:01:40","slug":"musk-calls-trumps-tax-and-spending-bill-a-disastrous-decision-full-of-madness-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/musk-calls-trumps-tax-and-spending-bill-a-disastrous-decision-full-of-madness-2\/","title":{"rendered":"Musk calls Trump&#8217;s tax and spending bill &#8216;a disastrous decision full of madness&#8217;"},"content":{"rendered":"<p>Kathmandu. Elon Musk, the world&#8217;s richest man and owner of companies like Tesla, SpaceX and X, has strongly criticized the latest Senate draft of US President Donald Trump&#8217;s &#8216;Tax and Spending&#8217; bill. He called the bill a &#8220;disastrous decision full of turmoil&#8221;. <\/p>\n<p>Musk also warned that the bill would cause serious strategic damage to the UNITED States. He wrote on social media platform &#8216;X&#8217; that this bill will lose millions of jobs in america and cause huge strategic loss to the country. \u2019<\/p>\n<p>The bill links tax exemptions to cut heavy spending on programs such as Medicaid and food stamps, and increased funding for defense and deportation. The proposed 940-page bill is expected to be passed and implemented by July 4. <\/p>\n<p>The main part of the proposed bill is Trump&#8217;s $350 billion border and national security plan. These include $46 billion for building a wall along the U.S.-Mexico border, $45 billion for $100,000 for migrant detention beds, 10,000 new ICE officers, and a $10,000 signing bonus. <\/p>\n<p>The bill is part of a campaign to deport the largest number of immigrants in U.S. history. Under this campaign, Trump aims to deport one million immigrants every year. &#8211; Agency<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Elon Musk, the world&#8217;s richest man and owner of companies like Tesla, SpaceX and X, has strongly criticized the latest Senate draft of US President Donald Trump&#8217;s &#8216;Tax and Spending&#8217; bill. He called the bill a &#8220;disastrous decision full of turmoil&#8221;. Musk also warned that the bill would cause serious strategic damage to the [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":256574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-259588","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/259588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=259588"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/259588\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/256574"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=259588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=259588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=259588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}