Welcome to today’s QuickCast. Elon Musk has spent the last two days tweeting non-stop about the U.S. House budget bill now in the Senate. He warns this “massive transfer of wealth from the poorest to the wealthiest” will strip health care from 11 million people and pile trillions onto the deficit. Musk fired off: “Bankrupting America is NOT ok! KILL the BILL.” He argues a budget “can be big or it can be beautiful, but it can’t be both.” Calling it a “pork-filled Congressional spending bill… a disgusting abomination,” he’s even backed an amendment to bar re-election of any lawmaker who drives deficits above 3 percent of GDP, saying simply, “100, this is the way.” Despite leading his own federal cuts team, only 35 percent of Americans approve of his political meddling. As this “Big Beautiful Bill” heads to the Senate, a fierce showdown looms between Capitol Hill and the White House.
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