Dear Friends:
I’m sure you’ve seen the headlines by now: Former DOGE Head Elon Musk is publicly slamming Trump’s “big, beautiful bill.”
Here’s what he said:
He warned it will “burden American citizens with crushingly unsustainable debt.”
That’s coming from Elon Musk—the same guy who stood by Trump’s side for months as their policies dismantled government agencies in the name of “efficiency.”
Let’s be clear: Elon Musk and DOGE’s policy solution to the debt is to slash programs that Americans rely on—Social Security, education, you name it.
This is the wrong approach. The right way to be fiscally responsible is for the wealthy to pay their fair share.
But Musk is right: this bill is an abomination.
It will add $2.4 trillion to the national debt, which is already nearing $40 trillion.
Think about this:
- The debt increases by $52,000 every second.
- That’s $4.54 billion a day.
- And $1.6 trillion just in the last year.
And now conservatives want to pile on trillions more over the next ten years, according to a report by the nonpartisan Congressional Budget Office.
This will result in higher interest rates that will increase costs of mortgages, car loans, and small business loans by thousands of dollars.
So let’s call this bill what it really is:
Not “big” or “beautiful.”
But a massive betrayal of working Americans and future generations.
Here’s the truth: This bill isn’t about helping working families. If it passes, the bottom half of Americans will see their incomes decrease.
But millionaires and billionaires? They’ll keep raking in enormous tax cuts—while the national debt spirals even further out of control.
The American people see this bill for what it is. They know this bill is a giveaway to the wealthy at the expense of the working class.
I urge my conservative colleagues to get rid of these reckless tax cuts for the rich and start investing in everyday Americans—so everyone has a fair shot at the American Dream.
What the right is doing to our country with this bill cannot stand.
Sincerely,
Jim