President Trump expressed mixed feelings about the recent tax bill, indicating he is open to negotiating its provisions. His comments came in response to Elon Musk's criticisms regarding the bill's potential to increase the U.S. budget deficit. Musk, the head of the Department of Government Efficiency, argued the bill undermines fiscal discipline. The White House is reportedly preparing a smaller package to formalize previous spending cuts. The House passed the sweeping tax and spending bill, which aligns with Trump's agenda but raises concerns about long-term debt.
"We will be negotiating that bill, and I'm not happy about certain aspects of it, but I'm thrilled by other aspects of it," Trump told reporters.
Musk said he was "disappointed to see the massive spending bill" because it increases the budget deficit and undermines the Department of Government Efficiency (DOGE).
Musk stated, "I think a bill can be big or it can be beautiful. But I don't know if it can be both."
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