Elon Musk says Trump’s ‘Big, Beautiful Bill’ spells disaster. Here are the bill’s biggest problems

The draft law will permanently expand the tax cuts in Trump for 2017 and offer new tax exemptions – including zero taxes on advice and additional work wages – while injecting billions of dollars in border security and military spending. But the same legislation suggests sharp discounts for social programs such as medical stamps and food. The net influence of the balloon balloon for national debt in the amount of $ 3.3 trillion during the next decade, according to estimates of the congress Budget Office.

These flagrant bodies are violent and some opposition from within the ranks of the Republican Party.

“The main problem faced by Republicans is that they support a level of tax revenues that are hardly sufficient to pay the costs of government spending that most Republicans support as well.” luck. “So you have people’s camps, some of whom really want to reduce spending on compatibility with the level of revenue they support, as well as other Republicans who understand that the American people do not want to give up the major benefits and services they receive. This camp does not want to reduce spending, and they want to hope that the problem of deficit is fading.”

Thom Tillis (RN.C.) and Rand Paul (RK.Y.) are among the prominent Republicans who express sharp criticism of the draft law. Teleres, who recently announced that he would not seek to re -election, argued that the deep discounts in the MEDICAID returns to Trump to protect health coverage and will destroy voters. If the draft law passes, an estimated 11.8 million Americans will become unbelievable by 2034, according to the Central Bank of Oman. Telis denounced the draft law during the controversial Sunday vote in the Senate, saying, “It is inevitable that this draft law will release the promise that Donald Trump wore.”

Moderate lawmakers of the Republican Party, such as Senator Susan Collins (RM.E.) and MP David Valdou (RC. PoliticoThere were not many Republican legislators on Medicaid rulings on the bill.

Meanwhile, financial hawks like Paul feel anxious at the same amount of price – specifically how this will affect the roof of the debt. The Senate Budget Plan includes a ruling that would raise the roof of the debt by $ 5 trillion. “This is a recognition that they know that they are not controlling the deficit,” Paul told the Senate on Sunday. “They know that the following years will add other trillion.”

As for the tax provisions, the draft law to raise the maximum deduction of local taxes (SALT) from $ 10,000 to $ 40,000, then returned to 10,000 dollars, and also sparked frustration between legislators from high -tax countries and is a possible disagreement point.

Behind Capitol Hill, the Trump Bill draws a reprimand from the angles affecting the worlds of business and cultural worlds.

Elon Musk was particularly vocal, as the “Political Contemporary Party” bill described the Republican Party. Many opinion polls seem to strengthen this claim, which indicates the lack of slogan of the bill with the Americans. Wipe Washington Post I found that 42 % of Americans opposed the bill and only 23 % supported it.

Musk also claimed that the legislation was “completely crazy and destroyed. Tesla and Spacex CEO of regulatory changes in the bill and spending discounts can kill jobs in industries that focus on the future and innovation.

The richest man in the world wrote on X.

MUSK’s criticism focused on the provisions contained in the draft law that would eliminate tax credits in the Biden Renewable Energy era, such as the manufacture of solar energy, wind and batteries. Clean energy credit adjustments are also a point of attention for the age of Lisa Morkovsky (R-AK).

Tesla CEO of Energy Provisions on the draft law touches the main weaknesses of the bill, according to Elmendorf. Aside from being harmful to companies invested in clean energy business, he said that the provisions will also raise the prices of electricity to many Americans.

“It is a strange thing for the administration that has won the elections significantly because people believe that the prices are very high after that, then progress and provide a policy that raises the basic necessity of electricity.”

Meanwhile, the leaders in the artificial researcher sector, including the CEO of anthropologist Dario Amani, condemned rulings on the draft law that would advance the regulations of artificial intelligence at the state level for a decade. “Without a clear plan for a federal response, the endowment would give us the worst in both worlds-states cannot act, and there is no national policy as a successor.” New York Times.

Amnesty International also raised the dissatisfaction of the Republicans, who argue that the ruling is on the authority of the Historic Republican Party’s support for state rights.

Despite the internal and external dispute, the majority leader of the Senate John Thun is pushing the end of the bill before the July 4 holiday. In the event that the Senate passes, the legislation will return to the House of Representatives – where it passed shortly last month – for the final reconciliation.

“The president is well aware that this bill does not need to leave only from the Senate, but he needs to return to the house, and we need the full weight of the Republican Conference to reach this law – and we expect them to do so, and we are confident that they will do,” said Caroline Levitte, a White House secretary at a White House who overlooks the White House on Monday.

For Trump, the risks are high. With his eye from consolidating the legacy of his policy and activating his base before the renewal elections, he is likely to bet on the “major and beautiful draft law” as evidence that he is able to provide comprehensive reforms.