Elon Musk accuses Trump of driving America into ‘debt slavery’ as he escalates war with president

By KATELYN CARALLE, SENIOR U.S. POLITICAL REPORTER IN WASHINGTON, D.C.

Published: 13:58 BST, 4 June 2025 | Updated: 14:32 BST, 4 June 2025

Elon Musk is going all-in on his war with President Donald Trump over his massive spending proposal.

The billionaire tech giant and former ‘first buddy’ once glued to Trump’s side bombastically claimed overnight that Trump is plunging the U.S. into ‘debt slavery’ in an escalation of his war with the president.

‘This immense level of overspending will drive America into debt slavery!’ he insisted.

The One Big Beautiful Bill Act passed the House last month but is now held up in the Senate where some Republicans agree with Musk’s criticism of the legislation.,

While Musk opened up the pathway for criticism earlier this month, he really began tearing into his former best friend with a series of posts on X Tuesday and Wednesday.

Besides his billions, Musk is also highly influential because of his notoriety in MAGA world and his control over one of the most popular social media platforms in the U.S.

With 220.2 million followers on X and control over the algorithm, Musk could easily turn the tides against Trump and his agenda with tweaks to what his followers and all X users see.

Tech billionaire Elon Musk is fed up with President Donald Trump’s Big Beautiful Bill and is going public with his war against his former best friend

Musk said Trump’s bill, which cleared the House last month, will ‘drive America into debt slavery’

Musk slammed pro-MAGA lawmakers in Congress who voted for the ‘disgusting abomination’ legislation.

‘I’m sorry, but I just can’t stand it anymore,’ Musk wrote on X on Tuesday. ‘This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.’

‘Shame on those who voted for it: you know you did wrong. You know it.’ 

He said enough was enough in another Tuesday post where he claimed: ‘Mammoth spending bills are bankrupting America!’

Around 2 a.m. on Wednesday morning, Musk continued his tirade on his social media platform.

He also reposted a series of tweets where Musk aligned himself with Republican Sen. Ran Paul of Kentucky, who has been vocal about his opposition to the Big Beautiful Bill.

‘I’ve been pretty consistent in my time in the Senate: I oppose deficit spending—no matter which party is in charge. If we don’t get serious about reigning in the debt, the next generation will pay the price,’ Paul wrote in an X post that Musk reposted to his page.

‘Fiscal responsibility isn’t a campaign slogan,’ Paul continued. ‘It’s a duty which I take very seriously.’

Musk began his tirade on Tuesday, where he called the Trump-backed bill a ‘disgusting abomination’

Musk was glued to Trump’s side since his election win and through the first months of his second term – but things seemed to turn sour last month when he departed his DOGE role and became critical of the president’s spending proposal

Experts predict the bill’s passage would be dire for the U.S. economy and claim the interest on America’s debt alone would be crippling.

‘Interest payments already consume 25% of all government revenue,’ Musk wrote on X around 2:30 a.m. EST on Wednesday.

The Tesla and SpaceX boss continued: If the massive deficit spending continues, there will only be money for interest payments and nothing else! No social security, no medical, no defense … nothing.’

It became clear that the bromance between Musk and Trump was over earlier this year as reports emerged regarding clashes the billionaire had with hose in the president’s inner circle. 

Additionally, last month Musk left his role with the Department of Government Efficiency (DOGE), laying the ground work for him to break with Trump after his job within government was done.  

:
Elon Musk accuses Trump of driving America into ‘debt slavery’ as he escalates war with president

***
Read more at DailyMail.co.uk