Trump strongly criticized Musk for receiving too much government subsidy： 'If we didn't have money, we would have had to go back home a long time ago.'
On July 1st, Zhang Naiyue reported that recently, US President Trump and entrepreneur Musk have once again clashed. Musk criticized Trump's strongly pushed 'Big and Beautiful' for potentially causing huge damage to national interests; Trump, in turn, accused Musk of benefiting excessively from government subsidies.
Trump said that the subsidies Musk received
Image source: Trump's social media screenshotRecently, Musk has frequently posted on social media to criticize the 'Big and Beautiful' bill, calling it
Musk said that the bill would raise the US government's debt ceiling, leading the United States
However, some US media believe that Tesla has always benefited from a consumer tax credit policy for electric vehicles, but this policy will be canceled by the 'Big and Beautiful' bill, affecting Musk's personal interests.
The 'Big and Beautiful' bill faces a marathon-style vote
While the two were arguing, the US Senate was conducting a
Previously, the House of Representatives, dominated by the Republicans, passed the 'Big and Beautiful' bill by an extremely narrow margin. However, in the Senate, the bill encountered strong resistance.
Under the demands of the Democrats, the Senate had to spend about 16 hours reading the nearly 1000-page bill word by word during the review period. After that, both parties engaged in a long debate on the bill. Early on June 30th, local time, the voting officially began, but no clear progress was made until the early morning of the next day.
According to US media reports, as of the evening of the 30th, senators have conducted a series of votes but have not made any modifications to the bill. The key votes on the medical assistance plan, tax, and renewable energy amendments proposed by the Republicans have not been scheduled.
According to the latest estimate by the Congressional Budget Office of the United States, the Senate version of the 'Big and Beautiful' bill will lead to an increase in the US deficit by nearly 3.3 trillion US dollars over the next 10 years, far exceeding the version previously passed by the House of Representatives. This makes it a greater challenge for the Republicans to pass the bill before the July 4th deadline set by Trump.
