Trump Pushes Recission Bill—Looking to Cut $9.4 Billion From Federal Budget

Elon Musk is not wrong. US debt is unsustainable and will tank this country. The GOP Congress is complicit.

“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.”

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.

— Elon Musk (@elonmusk) June 3, 2025

Interest payments already consume 25% of all government revenue.

If the massive deficit spending continues, there will only be money for interest payments and nothing else! No social security, no medical, no defense … nothing. https://t.co/UKp4HYdKRt

— Elon Musk (@elonmusk) June 4, 2025

This is not Apple, Tesla or even Nvidia. It’s the US National Debt. pic.twitter.com/xTkPxcKKfn

— Not Jerome Powell (@alifarhat79) June 2, 2025

Government spending is The DOGE-inspired cuts are a stand-alone bill, separate, from the reconciliation bill now in front of John Thune (R-SD) and the Senate. Wall Street Journal: Republicans have promoted rescissions as a method to codify cuts identified by Musk’s Department of Government Efficiency. Musk, the billionaire CEO of electric-vehicle maker Tesla and space company SpaceX, left the administration last week after a whirlwind four months that upended the federal government. The package includes cuts to the U.S. Agency for International Development, the foreign-assistance agency DOGE gutted within two weeks. Republican leaders have said they wanted to move quickly on the package, just as they are also working to advance President Trump’s “one big, beautiful” bill that cuts taxes while also trimming spending on Medicaid and food aid. That bill passed the House last month, and the Senate is now taking it up. The director of the White House Office of Management and Budget, Russ Vought, said the rescissions “would eliminate programs that are antithetical to American interests,” such as funding the World Health Organization and LGBTQ activities. He called public media “politically biased” and an “unnecessary expense to the taxpayer” (Wall Street Journal).

House Freedom Caucus: The House Freedom Caucus strongly supports these critical rescissions, and we will support as many more rescissions packages the White House can send us in the coming weeks and months. These first DOGE cuts target taxpayer-funded public broadcasters notorious for their liberal bias like NPR and PBS, as well as billions in wasteful foreign aid dollars. Passing this rescissions package will be an important demonstration of Congress’s willingness to deliver on DOGE and the Trump agenda (Freedom Caucus).

This comes as Elon Musk unloads on the Big, Beautiful Bill: I’m sorry, but I just can’t stand it anymore (Elon Musk).