Times of Suriname Logo
Times of Suriname Logo

Engels

Musk 'disappointed' by Trump's tax and spending bill

USA - Elon Musk has criticised one of the signature policies of Donald Trump, marking a break from the US president who he helped to win re-election in 2024.

Times of Suriname

Last week, the US House of Representatives narrowly passed what Trump calls his "big, beautiful" bill, which includes multi-trillion dollar tax breaks and a pledge to increase defence spending. It will now head to the Senate. Tech titan Musk told the BBC's US partner CBS News he was "disappointed" by the plan, which he felt "undermines" the work he did for the president on reducing spending. Musk was enlisted as Trump's cost-cutting tsar - ending funds for US foreign aid among other projects - before announcing he would step back. "I was disappointed to see the massive spending bill, frankly," Musk said in the interview with CBS Sunday Morning, a clip of which was released by the broadcaster before transmission. He went on to argue that Trump's plan "increases the budget deficit, not just decreases it". It is thought that the legislation could increase the deficit - or the difference between what the US government spends and the revenue that it receives - by about $600bn (£444bn) in the next fiscal year. Furthermore, the bill "undermines the work that the Doge team is doing", Musk said, using the acronym of the cost-cutting advisory body the Department of Government Efficiency. (BBC)

Gerelateerde Artikelen

Engels

Can nations save the shorebird that flies 30,000 km a year?

BRAZIL - Chasing an endless summer, one shorebird species undertakes a grueling annual journey from the Arctic to the tip of South America and back -- a feat increasingly fraught with peril.

Buitenland

Britse politie arresteert twee mannen voor in brand steken Joodse ambulances

LONDON - De politie in Londen heeft twee mannen gearresteerd die worden verdacht van het in brand steken van vier ambulances van een Joodse organisatie in de nacht...

Binnenland

Minister Huur ontvangt SEMIF voor presentatie duurzame projecten

PARAMARIBO – Minister Miquella Huur van Regionale Ontwikkeling (RO) heeft het team van de Suriname Environmental and Mining Foundation (SEMIF) ontvangen voor een presentatie.

Engels

Kim vows North Korea's 'unshakable' support for Russia

SEOUL - North Korea's leader Kim Jong Un said his country will always support Russia, state media reported on Wednesday, in a thankyou letter to his Russian counterpart Vladimir Putin.

Buitenland

BBC stelt voormalige Google-baas aan als topman na Trump-rel

GROOT-BRITTANIE - De Britse omroep BBC stelt een voormalige topbestuurder van Google aan als nieuwe directeur-generaal. Matt Brittin vervangt Tim Davie,...