Musk Feedback on Trump's "Big, Beautiful Bill"

[iamwhatiseem]

No, you have not. What you have given me is opinion (no facts involved).

Oh I sure did, I knew you would skate past the Blackrock story - and you did. And still am.
The fact is, before this thread, I would wager $1000 you knew absolutely nothing about it. And if you did, you would find some way to make it about republicans.
YOU - are a fine example of why people like Nancy Pelosi and Mitch McConnel spent their lives in Washington over and over and over. Despite doing disastrous jobs. Because you are a "Pelosi voter" you only care about what republicans do, so she could be satan herself and you would vote for her because she is not republican.

Disgusting.

 

[Luckyone]

Oh I sure did, I knew you would skate past the Blackrock story - and you did. And still am.
The fact is, before this thread, I would wager $1000 you knew absolutely nothing about it. And if you did, you would find some way to make it about republicans.
YOU - are a fine example of why people like Nancy Pelosi and Mitch McConnel spent their lives in Washington over and over and over. Despite doing disastrous jobs. Because you are a "Pelosi voter" you only care about what republicans do, so she could be satan herself and you would vote for her because she is not republican.

Disgusting.

You truly should keep your opining insults from a debate as you know very little about me, who I am, and what I have done.

I could insult you back but that doesn't PROVE anything.

As far as the Black Rock story, I do know something about it (as far as Biden's part in it) but this is the factual part of it:

AI Overview
Learn more

As of today, June 3, 2025, there is no evidence to suggest that BlackRock, Inc., as a whole, has been indicted for wrongdoing in a criminal case
.
However, BlackRock has been involved in several regulatory actions and lawsuits, including:

• Securities and Exchange Commission (SEC) charges:
  • In October 2023, BlackRock was charged by the SEC for failing to properly disclose investments by a publicly traded fund it advised, resulting in a $2.5 million fine.
  • In 2015, the SEC charged BlackRock Advisors with failing to disclose conflicts of interest, which was resolved through a settlement with the SEC.
  • The SEC has also been conducting an industry-wide investigation into potential violations of record-keeping requirements regarding electronic communications, and BlackRock has stated that they are cooperating with this investigation.
• Lawsuits from state attorneys general:
  • Multiple state attorneys general have sued BlackRock, State Street, and Vanguard, alleging they conspired to manipulate energy markets and drive up prices by suppressing coal production as part of an ESG initiative.
  • The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have filed statements of interest supporting these lawsuits, indicating their interest in protecting competition in energy markets.
• Accusations related to ESG investing:
  • The Mississippi Secretary of State has issued an order against BlackRock for alleged securities fraud related to ESG investment strategies, accusing BlackRock of making false and misleading statements to investors.
  • BlackRock has also faced accusations and legal challenges regarding "greenwashing," where they are accused of misleading investors about the environmental sustainability of their investments, particularly concerning fossil fuels.

Important Notes:

• Indictment refers to a formal accusation by a grand jury that there is enough evidence to bring criminal charges against someone or a company. The available information does not indicate a criminal indictment against BlackRock.
• Regulatory actions and lawsuits are distinct from criminal indictments and often involve fines, penalties, or other legal measures to address alleged violations of regulations or laws.
• BlackRock has denied the allegations in some of these cases, stating they are committed to following the law and acting in their clients' best interests.
• It is crucial to distinguish between accusations and verified instances of wrongdoing, as legal proceedings are ongoing in some of these matters.

In summary, while BlackRock has faced and settled several regulatory actions and lawsuits, there is no current evidence to suggest that the company, as a whole, has been indicted for criminal wrongdoing.
Biden got involved with Black Rock in 2020 but Black Rock got started in 1988, so this is not something where they worked together.

AI Overview
Learn more

Joe Biden's involvement with BlackRock became more prominent after the 2020 election, particularly with the appointment of former BlackRock executives to his administration
.

• November 2020: Shortly after winning the election, President Biden appointed two BlackRock executives to senior roles on his economic team: Brian Deese, the former head of sustainability at BlackRock, was appointed to run the National Economic Council, and Adewale Adeyemo was appointed deputy Treasury secretary.

 

[iamwhatiseem]

You truly should keep your opining insults from a debate as you know very little about me, who I am, and what I have done.

I could insult you back but that doesn't PROVE anything.

As far as the Black Rock story, I do know something about it (as far as Biden's part in it) but this is the factual part of it:

AI Overview
Learn more

As of today, June 3, 2025, there is no evidence to suggest that BlackRock, Inc., as a whole, has been indicted for wrongdoing in a criminal case
.
However, BlackRock has been involved in several regulatory actions and lawsuits, including:

• Securities and Exchange Commission (SEC) charges:
  • In October 2023, BlackRock was charged by the SEC for failing to properly disclose investments by a publicly traded fund it advised, resulting in a $2.5 million fine.
  • In 2015, the SEC charged BlackRock Advisors with failing to disclose conflicts of interest, which was resolved through a settlement with the SEC.
  • The SEC has also been conducting an industry-wide investigation into potential violations of record-keeping requirements regarding electronic communications, and BlackRock has stated that they are cooperating with this investigation.
• Lawsuits from state attorneys general:
  • Multiple state attorneys general have sued BlackRock, State Street, and Vanguard, alleging they conspired to manipulate energy markets and drive up prices by suppressing coal production as part of an ESG initiative.
  • The Department of Justice (DOJ) and the Federal Trade Commission (FTC) have filed statements of interest supporting these lawsuits, indicating their interest in protecting competition in energy markets.
• Accusations related to ESG investing:
  • The Mississippi Secretary of State has issued an order against BlackRock for alleged securities fraud related to ESG investment strategies, accusing BlackRock of making false and misleading statements to investors.
  • BlackRock has also faced accusations and legal challenges regarding "greenwashing," where they are accused of misleading investors about the environmental sustainability of their investments, particularly concerning fossil fuels.

Important Notes:

• Indictment refers to a formal accusation by a grand jury that there is enough evidence to bring criminal charges against someone or a company. The available information does not indicate a criminal indictment against BlackRock.
• Regulatory actions and lawsuits are distinct from criminal indictments and often involve fines, penalties, or other legal measures to address alleged violations of regulations or laws.
• BlackRock has denied the allegations in some of these cases, stating they are committed to following the law and acting in their clients' best interests.
• It is crucial to distinguish between accusations and verified instances of wrongdoing, as legal proceedings are ongoing in some of these matters.

In summary, while BlackRock has faced and settled several regulatory actions and lawsuits, there is no current evidence to suggest that the company, as a whole, has been indicted for criminal wrongdoing.
Biden got involved with Black Rock in 2020 but Black Rock got started in 1988, so this is not something where they worked together.

AI Overview
Learn more

Joe Biden's involvement with BlackRock became more prominent after the 2020 election, particularly with the appointment of former BlackRock executives to his administration
.

• November 2020: Shortly after winning the election, President Biden appointed two BlackRock executives to senior roles on his economic team: Brian Deese, the former head of sustainability at BlackRock, was appointed to run the National Economic Council, and Adewale Adeyemo was appointed deputy Treasury secretary.

Wow you know how to copy and paste AI -- hahahaha!!!!!!!!

 

[Luckyone]

Wow you know how to copy and paste AI -- hahahaha!!!!!!!!

meaning that you have no answer to what AI stated, right?

 

[Foxfyre]

Wow. So the autistic ceo is disappointed that the legislative body with hundreds of members, delivered a less focused product then he would have done by himself?


What a shocker.

To be clear, I have no doubt that he is right. Congress is a huge failure when it comes to budget control.


I've supported a line item veto for the president since.... forever.


Ok, so moving on. We need to try harder next time.

The GOP is far less destructive than the Democrats who do things very destructive and harmful to people and the country, but one reason the GOP is sometimes less effective in getting things done is because everybody isn't required to accept the assigned group think and/or march in lockstep with everybody else. Republicans have their own mind and the liberty to vote their convictions, something the Democrats haven't allowed their members for a very long time now.

So yes, Musk and Trump disagree on the size of the big beautiful bill--several congressional Republicans agree with Musk on that--but whether it will increase the deficit to the extent the so-called 'experts' predict remains to be seen. Musk and Trump agree on much MUCH more than they disagree and remain friends and colleagues.

The big beautiful bill, however, was forged via extensive debate, consideration, and compromise from all sides. Speaker Johnson was very serious when he encouraged the Senate to not make a lot of changes to it as he might not be able to achieve success via compromise from those close to the fence.

To fail to pass it puts us all in jeopardy of the greatest tax increase in the history of the USA. Almost all the tax reforms and the important protections put into place by Trump 45 administration/Congress will go away this year if they do not pass the bill. That would likely crash the economy and create ripple effects that we will feel for generations.

The bill should pass Congress pretty much as it exists. I suspect it will generate economic growth that will eliminate much or most of any increase in the deficit if there is in fact any increase in the deficit.

Future legislation can continue to whittle away at expenditures we can and should eliminate. Until then, I think they probably did the best they could under the circumstances.

 

[CrusaderFrank]

On the "Big, Beautiful Bill"​

In Washington, federal workers say that DOGE has left the government's operations in disarray. And worst of all, it might have all been for nothing. Musk claims to have saved the government $175 billion so far (nowhere close to his original target of $2 trillion, or even his revised target of $1 trillion).

And that was before the president's new spending bill passed the House. According to the Congressional Budget Office, the president's proposed budget will add $3.8 trillion to our debt over the next ten years. It's now being debated in the Senate.

Musk said, "I was, like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, doesn't decrease it, and undermines the work that the DOGE team is doing."

I said, "I actually thought that, when this 'big, beautiful bill' came along, it'd be like, everything he's done on DOGE gets wiped out in the first year."

Wow, Trump saying one thing (to get people's votes) but doing the opposite? Is that what the Republicans support?

Musk gave up, he cannot tolerate working with cowards and morons

 

[0311]

Elon Musk came out swinging against President Donald Trump’s “Big Beautiful Bill” on Tuesday, slamming the reconciliation package as a n a massive break from the president just days after stepping away from his role in the administration.

https://www.politico.com/news/2025/06/03/elon-musk-trump-bill-00382653

 

[Rambunctious]

Elon Musk came out swinging against President Donald Trump

Anyone who has been paying attention knows that is BS... he complained that without cuts the DOGE savings will be wiped out by spending increases...
So a few hours later the white house sent the senate a list of approved cuts which has brought the two sides closer to passing the bill....
But if all you do is follow lib fake news you wouldn't know that.....

 

[Zafira Cherry]

Anyone who has been paying attention knows that is BS... he complained that without cuts the DOGE savings will be wiped out by spending increases...
So a few hours later the white house sent the senate a list of approved cuts which has brought the two sides closer to passing the bill....
But if all you do is follow lib fake news you wouldn't know that.....

It is not BS. It is all over the news. This Beautiful Bill adds to the deficit. Trump is not conservative.

 

[80zephyr]

^^^^ The problem. "whataboutism" isn't holding your party accountable. In fact, it's letting them slide for making the bad decisions. IE increasing spending.

Don't mistake better for good.

I can only chose the lessor of two evils.

 

[CrusaderFrank]

Elon Musk came out swinging against President Donald Trump’s “Big Beautiful Bill” on Tuesday, slamming the reconciliation package as a n a massive break from the president just days after stepping away from his role in the administration.

https://www.politico.com/news/2025/06/03/elon-musk-trump-bill-00382653

Same way Trump just did a 180 from Peace in Ukraine to War with Russia, he’s done a 180 in the savings and fraud uncovered by DOGE

 

[Rambunctious]

It is not BS. It is all over the news. This Beautiful Bill adds to the deficit. Trump is not conservative.

No... its all over lib news... there is no way losing the midterms by handing dems the bat to beat us up with will fix any budget issues... we have to win... if we lose the dems will go crazy again with spending...
Then see what happens to the deficit....
That's Trump position and I agree with him... trim some waste sure but don't make huge cuts... not now...

 

[Zafira Cherry]

No... its all over lib news... there is no way losing the midterms by handing dems the bat to beat us up with will fix any budget issues... we have to win... if we lose the dems will go crazy again with spending...
Then see what happens to the deficit....
That's Trump position and I agree with him... trim some waste sure but don't make huge cuts... not now...

No. it is on Fox News

White House stands by tax bill after Musk calls it a 'disgusting abomination'

The White House defends Trump's spending bill despite Elon Musk's harsh criticism, highlighting GOP divisions over wasteful spending and national debt.

www.foxnews.com

 

[Zincwarrior]

Time to call him a RINO and throw him under the bus.

 

[Zincwarrior]

Time to call Musk a RINO and throw him under the bus.

 

[Zafira Cherry]

Time to call him a RINO and throw him under the bus.

Trump?

 

[bendog]

Time to call Musk a RINO and throw him under the bus.

And Trump will destroy his business. lol

 

[Invisibleflash]

On the "Big, Beautiful Bill"​

In Washington, federal workers say that DOGE has left the government's operations in disarray. And worst of all, it might have all been for nothing. Musk claims to have saved the government $175 billion so far (nowhere close to his original target of $2 trillion, or even his revised target of $1 trillion).

And that was before the president's new spending bill passed the House. According to the Congressional Budget Office, the president's proposed budget will add $3.8 trillion to our debt over the next ten years. It's now being debated in the Senate.

Musk said, "I was, like, disappointed to see the massive spending bill, frankly, which increases the budget deficit, doesn't decrease it, and undermines the work that the DOGE team is doing."

I said, "I actually thought that, when this 'big, beautiful bill' came along, it'd be like, everything he's done on DOGE gets wiped out in the first year."

Wow, Trump saying one thing (to get people's votes) but doing the opposite? Is that what the Republicans support?

Yes, you filthy commie dem pig...that is what we support. You think the filthy commie dem pigs are better to vote for. Musk is more pissed off than you brought up here, commie.

 

[Zincwarrior]

Trump?

Thats...a good question.

 

[schmidlap]

Lol.

Now you suddenly care about what Musk says? Well then. People like you sway about like wheat stalks in the wind.

The Blowhard's "big, beautiful bill" was already being shredded by Republicans in the senate.

His oligarch has a right to express his opinion of it, considering the price Slasher Musk paid in its making.

​

“I’m sorry, but I just can’t stand it anymore. 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.”​