Financial Trade Freedom - Investing and Stock News
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
  • Investing
  • News
  • Editor’s Pick
  • Economy
  • Stock
No Result
View All Result
Financial Trade Freedom - Investing and Stock News
No Result
View All Result
Home News

GOP lawmakers rebuke Elon Musk’s primary threats, say Trump’s legislation ‘something we’ve got to do’

admin by admin
July 3, 2025
in News
0
GOP lawmakers rebuke Elon Musk’s primary threats, say Trump’s legislation ‘something we’ve got to do’
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

As lawmakers march toward a vote on President Donald Trump’s ‘big, beautiful bill,’ House Republicans aren’t too worried about primary threats from tech billionaire Elon Musk.

Musk, who once served as the head of Trump’s Department of Government Efficiency (DOGE), has been highly critical of the president’s legislative agenda. He had remained quiet about the bill until earlier this week when Senate Republicans were making strides to pass it.

‘We don’t take threats lightly up here,’ Rep. Buddy Carter, R-Ga., told Fox News Digital. ‘And, you know, Elon, we appreciate all the work he did with DOGE — and he did some fine work, some great work — but at the same time, this is something we’ve got to do.’

Musk again returned to bemoan Republicans for supporting the legislative behemoth for its staggering $3.3 trillion price tag and the impact it would have on the nation’s already massive, $37 trillion debt. He went so far as to threaten to back primary challengers against any Republican that voted for the bill. 

It wouldn’t be the first time that Musk has been involved — he dumped millions into Trump’s campaign last year.

Now, House Republicans are gearing up to vote after hours of delays, negotiations and a near record-breaking amount of open floor time in the lower chamber. Additionally, many don’t care about Musk’s threats.

Rep. Tim Walberg, R-Mi., told Fox News Digital that he was focused on doing the best ‘we could do, which is, frankly, better than what Elon Musk did.’

‘I don’t worry about Elon Musk,’ he said. ‘I do know that DOGE found some good things that we needed to remedy in this government. But the $2 trillion that Elon said he was going to find, he didn’t.’

Musk took particular issue with the Senate’s changes to the bill, too, and slammed it for adding trillions to the deficit.

Rep. Brad Knott, R-N.C., noted that the bill cuts north of $1.5 trillion in an effort to help offset the cost of extending or making permanent Trump’s 2017 Tax Cuts and Jobs Act.

‘I appreciate Mr. Musk’s motivation,’ he told Fox News Digital. ‘I appreciate his focus on debt reduction, and I hope he’ll take a step back and realize that we’re still all on the same team here.’

While the Senate’s changes, particularly to Medicaid and a reduction in the rollback of green energy subsidies from former President Joe Biden’s Inflation Reduction Act, among other cost-driving issues, gave fiscal hawks in the House heartburn, House Republican leadership is confident that the bill will pass.

This post appeared first on FOX NEWS

Previous Post

House Republican calls for third Trump term over passage of ‘historic’ tax bill

Next Post

Colby’s China-focused Pentagon playbook sparks Ukraine arms freeze

Next Post
Colby’s China-focused Pentagon playbook sparks Ukraine arms freeze

Colby’s China-focused Pentagon playbook sparks Ukraine arms freeze

  • Trending
  • Comments
  • Latest
U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025
How Companies Use Derivatives To Hedge Risk

How Companies Use Derivatives To Hedge Risk

February 19, 2025
KFC moves U.S. headquarters from Kentucky to Texas

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 2025
Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

Nvidia shares continue golden run, hit fresh highs: analysts remain firmly bullish

June 27, 2025
Here’s why the Tilray Brands stock price has imploded

Here’s why the Tilray Brands stock price has imploded

0
From tariffs to DOGE, what companies are saying about the impact of MAGA policies

From tariffs to DOGE, what companies are saying about the impact of MAGA policies

0
Tesla’s law firm drafts Delaware bill that could salvage Musk pay package

Tesla’s law firm drafts Delaware bill that could salvage Musk pay package

0
Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop

Coca-Cola takes on Olipop and Poppi with new prebiotic soda brand, Simply Pop

0
Here’s why the Tilray Brands stock price has imploded

Here’s why the Tilray Brands stock price has imploded

July 3, 2025
US stocks open in the green: S&P 500, Nasdaq hit fresh all-time highs

US stocks open in the green: S&P 500, Nasdaq hit fresh all-time highs

July 3, 2025
Ethereum price rises to $2,631, but retail activity still lags behind whales

Ethereum price rises to $2,631, but retail activity still lags behind whales

July 3, 2025
Why is S&P 500 inclusion a big deal for Datadog stock?

Why is S&P 500 inclusion a big deal for Datadog stock?

July 3, 2025

    Get Smarter with Your Money – Sign Up for Free Financial Tips!


    Join our community of savvy savers and investors! By signing up, you'll receive weekly emails packed with personalized financial tips, budgeting hacks, and investment strategies tailored to your income level. Take control of your finances today – it’s free and only takes a minute!

    Recent News

    Here’s why the Tilray Brands stock price has imploded

    Here’s why the Tilray Brands stock price has imploded

    July 3, 2025
    US stocks open in the green: S&P 500, Nasdaq hit fresh all-time highs

    US stocks open in the green: S&P 500, Nasdaq hit fresh all-time highs

    July 3, 2025
    Ethereum price rises to $2,631, but retail activity still lags behind whales

    Ethereum price rises to $2,631, but retail activity still lags behind whales

    July 3, 2025
    Why is S&P 500 inclusion a big deal for Datadog stock?

    Why is S&P 500 inclusion a big deal for Datadog stock?

    July 3, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: FinancialTradeFreedom.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 financialtradefreedom.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contacts
    • Email Whitelisting
    • Investing and Stock News
    • Privacy Policy
    • Terms and Conditions
    • Thank you

    Disclaimer: FinancialTradeFreedom.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 financialtradefreedom.com | All Rights Reserved