Elon Musk is once again bashing the Republican megabill.
Weeks after an initial tirade against the legislation, the former top White House staffer and current richest man in the world wrote Saturday on X that the “latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!”
“Utterly insane and destructive,” he added. “It gives handouts to industries of the past while severely damaging industries of the future.”
The bill significantly cuts subsidies for clean power sources like wind and solar, along with tax credits for buying electric vehicles and instead includes incentives for the coal industry.
Musk has intervened before to tank a major spending bill. The billionaire torpedoed a compromise government spending bill in December by repeatedly posting in opposition to it. This caused a number of Republicans to back away and nearly spaked a government shutdown.
At the time, Musk had far more influence as a close Trump ally and as the largest donor in support of Trump’s reelection bid. His influence in the GOP has waned after his controversial stint atop the Department of Government Efficiency initiative created repeated hassles for the White House.
