Musk backed a post on X by Sen. Rand Paul<\/a>, R-Ky., who said the bill’s budget “explodes the deficit” and continues a pattern of “short-term politicking over long-term sustainability.”<\/p>\n CNBC has reached out to the White House for comment.<\/p>\n The House of Representatives narrowly passed the One Big Beautiful Bill Act<\/a> on Thursday, sending it to Trump to sign into law.<\/p>\n Paul and Musk have been vocal opponents of Trump’s tax and spending bill, and repeatedly called out the potential for the spending package to increase the national debt<\/a>.<\/p>\n On Monday, Musk called it the “DEBT SLAVERY bill<\/a>.”<\/p>\n The independent Congressional Budget Office has said the bill could add $3.4 trillion to the $36.2 trillion of U.S. debt over the next decade. The White House has labeled the agency as “partisan” and continuously refuted the CBO’s estimates.<\/p>\n The bill includes trillions of dollars in tax cuts, increased spending for immigration enforcement and large cuts to funding for Medicaid and other programs.<\/p>\n It also cuts tax credits and support for solar and wind energy and electric vehicles, a particularly sore spot for Musk, who has several companies that benefit from the programs.<\/p>\n
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