Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’

by admin June 5, 2025
June 5, 2025
Johnson says Republicans ‘don’t have time’ to craft new Trump plan despite Musk’s call to ‘KILL the BILL’
NEWYou can now listen to Fox News articles!

Speaker Mike Johnson, R-La., is rebuffing Elon Musk’s call for a brand-new budget reconciliation bill, deepening the tech billionaire’s rift with Republicans in Washington.

‘A new spending bill should be drafted that doesn’t massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS,’ Musk wrote on X Wednesday.

He ratcheted up his rhetoric shortly after, posting, ‘KILL the BILL.’

But Johnson said the timeline was working against Congress and that an overhaul of President Donald Trump’s massive agenda bill was unfeasible. 

Johnson said when asked for a response by Fox News, ‘We don’t have time for a brand new bill.’

‘I want Elon and all my friends to recognize the complexity of what we’ve accomplished here. This extraordinary piece of legislation – record number of savings, record tax cuts for the American people and all the other benefits in it,’ the speaker told reporters.

‘We worked on the bill for almost 14 months. You can’t go back to the drawing board, and we shouldn’t. We have a great product to deliver here.’

Johnson cautioned critics of the bill not to let the perfect be the enemy of the good.

‘We’re proud of this product. The House Republicans are proud of it, and we’re happy to go out and explain that to everybody,’ Johnson said.

The Louisiana Republican said during a press conference earlier that he was ‘surprised’ by Musk’s criticism.

The speaker previously also pointed out that Republicans are planning to codify spending cuts identified by Musk’s Department of Government Efficiency (DOGE) in a different vehicle than the reconciliation process.

Musk has been bearing down hard on the legislation, putting Republican lawmakers in a difficult spot after months of lauding his work with DOGE.

The massive bill passed by the House and currently being considered by the Senate advances Trump’s priorities on taxes, immigration, energy, defense, and the debt limit.

It passed the House 215 – 214 with all but three House Republicans not voting ‘yes.’

House GOP leaders, noting their slim margins, have urged the Senate to change as little as possible in the bill. But the Senate GOP has its own razor-thin majority, and lawmakers there have already signaled they want to see at least some changes.

The White House, meanwhile, has stood by the bill.

‘The president already knows where Elon Musk stood on this bill. It doesn’t change the president’s opinion. This is one big, beautiful bill, and he’s sticking to it,’ Press Secretary Karoline Leavitt said Tuesday.

This post appeared first on FOX NEWS

previous post
Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s ‘big, beautiful bill’
next post
Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s Big Beautiful Bill

Related Posts

Trump delivers different message on Gaza when recapping...

April 27, 2025

Trump nominates Callista Gingrich as U.S. ambassador to...

December 23, 2024

House votes to make Trump Gulf of America...

May 9, 2025

Iran’s long trail of deception fuels skepticism over...

April 19, 2025

Trump FDA pick clears last hurdle after flipping...

March 26, 2025

Biden awards Liz Cheney, Jan 6 committee chairman...

January 3, 2025

Biden takes sole credit for Israel-Hamas deal, warns...

January 16, 2025

Trump orders Attorney General to investigate Biden’s autopen...

June 5, 2025

Iran’s Khamenei says Americans should avoid talking ‘nonsense’...

May 21, 2025

House Republicans to go to war with ‘rogue...

April 1, 2025

Recent Posts

  • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders
  • S&P 500 Bullish Patterns: Are Higher Highs Ahead?
  • S&P 500 on the Verge of 6,000: What’s at Stake?
  • Clusters of Long Winning Streaks: What They’re Telling Us
  • Three Charts Showing Proper Moving Average Alignment

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

    June 6, 2025
  • S&P 500 Bullish Patterns: Are Higher Highs Ahead?

    June 6, 2025
  • S&P 500 on the Verge of 6,000: What’s at Stake?

    June 6, 2025
  • Clusters of Long Winning Streaks: What They’re Telling Us

    June 6, 2025
  • Three Charts Showing Proper Moving Average Alignment

    June 6, 2025
  • Biden only hand-signed one pardon during final spree, and it was his most controversial one

    June 6, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
  • 7

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
Promotion Image

banner

Categories

  • Business (390)
  • Investing (1,283)
  • Politics (1,587)
  • Stocks (530)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved