Trump attacks Musk subsidies in spending bill row

Elon Musk looks on during a news conference with US President Donald Trump in the Oval Office of the White House on May 30, 2025. (AFP)
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Updated 06 July 2025
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Trump attacks Musk subsidies in spending bill row

  • As lawmakers began voting on Trump's "One Big Beautiful Bill", Musk accused Republicans of supporting "debt slavery"
  • President Trump responded by saying “without subsidies, Elon would probably have to close up shop and head back home to South Africa” on social media

WASHINGTON: US President Donald Trump once again targeted former aide Elon Musk on Tuesday, attacking the amount of government subsidies the entrepreneur is receiving, after the tech billionaire renewed criticism of the president’s flagship spending bill.

“Elon may get more subsidy than any human being in history, by far,” Trump said on social media.

“And without subsidies, Elon would probably have to close up shop and head back home to South Africa.”

Musk — who had an acrimonious public falling out with the president this month over the bill — reprised his sharp criticisms and renewed his calls for the formation of a new political party as voting got underway.

Trump responded by suggesting his Department of Government Efficiency (DOGE)-- which Musk headed before stepping down late May — train its sights on the SpaceX founder’s business interests.

“No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE,” the president said. “Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!“

Trump is hoping to seal his legacy with the “One Big Beautiful Bill,” which would extend his expiring first-term tax cuts at a cost of $4.5 trillion and beef up border security.

But Republicans eyeing 2026 midterm congressional elections are divided over the package, which would strip health care from millions of the poorest Americans and add more than $3 trillion to the country’s debt.

As lawmakers began voting on the bill on Monday, Musk — the world’s richest person — accused Republicans of supporting “debt slavery.”

“All I’m asking is that we don’t bankrupt America,” he said on social media Tuesday. “What’s the point of a debt ceiling if we keep raising it?“

Musk has vowed to launch a new political party to challenge lawmakers who campaigned on reduced federal spending only to vote for the bill.

“VOX POPULI VOX DEI 80 percent voted for a new party,” he said.


19 EU countries call on EU to fund ‘return hubs’

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19 EU countries call on EU to fund ‘return hubs’

  • The European Parliament must still vote on the measures
  • Denmark has made illegal immigration one of its main battlehorses during its six-month stint at the helm of the EU presidency

COPENHAGEN: After the European Union significantly tightened its immigration policy earlier this month, 19 EU countries on Wednesday urged the European Commission to finance “return hubs” outside the bloc for failed asylum-seekers.
Interior ministers from the 27-member bloc greenlighted a package of measures on December 8 that include the opening of return hubs and harsher penalities for migrants who refuse to leave European territory.
Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, Germany, Greece, Italy, Latvia, Lithuania, Malta, the Netherlands, Poland, Romania and Sweden called on the Commission to make the changes possible.
“Specifically, the EU countries want ... the Commission to help ensure, going forward, that the financing of, among other things, return centers can be done using EU funds,” the Danish immigration ministry said in a statement, with the signed letter sent to the Commission attached.
The European Parliament must still vote on the measures.
Denmark has made illegal immigration one of its main battlehorses during its six-month stint at the helm of the EU presidency, which ends at the end of the month.
“The work is not done, and I’m glad that there are now 19 countries that stand behind a letter calling on the EU system to provide diplomatic and economic help to ensure that the new and innovative solutions — such as return centers — will become a reality,” Danish Immigration Minister Rasmus Stoklund said in a statement.
“For years, Denmark has worked hard to persuade other European countries of Danish ideas such as moving the processing of asylum applications outside Europe, as well as other ideas involving cooperation with third countries outside the EU,” the ministry added.
“The group of EU countries that support such new and innovative solutions has steadily expanded,” it said.
Activists working with migrants have meanwhile denounced the measures, saying they violate migrants’ human rights and risk pushing them into danger.