• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by June 7, 2025
written by 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
0 comment
0
FacebookTwitterPinterestEmail

previous post
‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party
next post
Deadly drone wars are already here and the US is horribly unprepared

related articles

US agencies distance themselves from Chinese-founded PDF software

August 28, 2025

What did Obama know about the Trump–Russia probe?...

August 28, 2025

UK, France, Germany trigger UN sanctions on Iran...

August 28, 2025

Is Trump considering bold Africa play to push...

August 28, 2025

CDC Director Susan Monarez refuses to be fired...

August 28, 2025

Bill Gates met with Trump to talk ‘importance...

August 28, 2025

Trump asks SCOTUS to uphold freeze on billions...

August 27, 2025

White House demands all Gaza hostages return home...

August 27, 2025

Apple expected to roll out texting update that...

August 27, 2025

Cracker Barrel’s logo mea culpa is a start...

August 27, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next

    February 13, 2025
  • Mortgage refinance demand jumps to a 2-year high, as interest rates drop

    July 17, 2024
  • Trump’s tariff strategy could pay for his tax bill, but only if they stick, experts warn

    June 6, 2025
  • Trump picks Karoline Leavitt to serve as White House press secretary

    November 16, 2024
  • Jaguar reveals glossy rebrand that features no cars and confuses the internet

    November 20, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,839)
  • Investing (634)
  • Stock (906)

Latest Posts

  • ‘She is endangering the life of Donald J. Trump’: Vance fires back at VP Harris’ ‘Nazi’ comparison

    October 29, 2024
  • Vance’s active VP role is a historical rarity, ‘huge asset’ to US, says top GOP ally

    April 2, 2025
  • Mike Tyson, Jake Paul fight was the most streamed sporting event ever, Netflix says

    November 20, 2024

Recent Posts

  • Rubio just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

    May 9, 2025
  • DAVID MARCUS: 5 reasons Kamala Harris is snubbing the Al Smith Dinner, Catholics, and tradition

    September 25, 2024
  • US flies joint patrol with the Philippines near shoal region guarded by China

    February 4, 2025

Editor’s Pick

  • Greenland’s prime minister says island cannot be bought, US has ‘not been respectful’

    April 28, 2025
  • ‘Crush liberal dominance’: Conservative megadonor urges leaner, meaner posture for activist groups

    September 14, 2024
  • UiPath to lay off 10% of workforce in companywide restructuring

    July 10, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock