Trump's Beautiful Law: Musk criticizes, Republicans under pressure!

Trump's Beautiful Law: Musk criticizes, Republicans under pressure!

Things will get hot in Washington on July 1, 2025: US President Donald Trump has presented his extensive budget and tax package, which he describes as “gigantic” and “a masterpiece,” to Congress. This law, dubbed the “One Big Beautiful Bill,” includes various measures that Trump believes are intended to stimulate the American economy, but it has been met with strong criticism. After all, the package has already suffered several setbacks, and the mood within the Republican Party is tense as strict fiscal discipline and social policy moderation inevitably clash.

Key components of the law include the permanent extension of tax relief from 2017 and temporary tax reductions that are to apply until the end of 2028. In return, significant cuts are planned in the areas of Medicaid and the food stamp program SNAP. These cuts are intended to compensate for lost tax revenue. The forecasts are alarming: experts estimate that the law will significantly increase the US national debt by $3.3 trillion over the next decade. More than 11 million Americans could lose health insurance coverage, while food stamp programs could see a decline of 3 million recipients per month. A survey shows that a full 59 percent of those surveyed reject the law.

Elon Musk and the pressure on Congress

Among the critics is Elon Musk, who has called the law a “disgusting abomination.” He calls for shame from members of Congress who vote for the debt increase and says he will provide financial support to those Republicans who vote against the bill. Trump reacts to Musk's harsh criticism without taking countermeasures and threatens him with financial consequences, especially when it comes to subsidies. Musk appears to have not only political but also business interests in mind, as the package would eliminate government subsidies for electric cars, which could negatively impact Tesla.

Financing the package also remains a contentious issue. Moody’s has downgraded the U.S. credit rating, and spending on mandatory programs and interest on debt is already outpacing income growth. Experts warn that national debt is rising at a time of solid economic growth. The implications are frightening: Projections from the nonpartisan budget office suggest the federal deficit could grow by $2.4 trillion by 2034.

Criticism and resistance from within our own ranks

The budget law is not only under attack from outside. Within the Republican Party, two members of parliament have already resigned because they were unable to withstand pressure from Trump. Two senators have already announced they will vote against the bill, which could further strain the already fragile majority in the Senate. At the same time, pressure from Trump may leave some lawmakers unable to step out of the shadow of his authority, which could result in a divided party.

In summary, the “One Big Beautiful Bill” remains both a central element of Trump’s legislative agenda and a bone of contention within the political landscape. The discussions surrounding the law are far from over, and it remains to be seen how the fronts will further harden or soften between now and the planned signing on July 4th.

Experts urge caution when it comes to the long-term impact of this legislation on the national debt and economic health of the United States. But political actors currently seem to be faced with other challenges than dealing with the far-reaching consequences.

This development could have far-reaching consequences – for the political landscape of the USA, but also for economic stability, which is already characterized by rising national debt. The question remains: How much longer can the US government afford this policy?

For a detailed analysis of the effects of national debt, read more at [Gorizont.biz](https://gorizont.biz/de/blog/us-staatsverschulung- Growth-history-current-challenges-and-future-projections). You can also find current news and political updates at ksta.de and [tagesschau.de](https://www.tagesschau.de/ausland/ Amerika/musk-kritik-finanz-usa-100.html).