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‘America is going bankrupt’: Elon Musk issues a warning as interest on US debt was equal to 76% of income tax collected in June — and is expected to exceed $1.14 trillion this year.
Musk added his own stark commentary: “America is going bankrupt btw.” Musk’s warnings are rooted in a troubling reality. The U.S. national debt stands at $35.3 trillion — and continues to ...
WASHINGTON – Elon Musk and Vivek Ramaswamy are urging lawmakers not to pass a government funding extension that would prevent a major shutdown at the end of the week. "This bill should not pass ...
Namely: This week, the duo told Congress that through their advisory board, the Department of Government Efficiency (DOGE), they’ll reduce “government waste” by $2 trillion.
The rising odds of a shutdown came after a deal to avert a government stoppage fell apart dramatically on Wednesday afternoon amid opposition from Elon Musk followed by President-elect Donald Trump.
Elon Musk speaks with U.S. President-elect Donald Trump at a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.
Before the election, U.S. officials and former officials stated that foreign interference in the 2024 election was likely. Three major factors cited were "America's deepening domestic political crises, the collapse of controversial attempts to control political speech on social media, and the rise of generative AI". [86]
In a joint letter released last week, 23 Nobel Memorial Prize-winning economists warned that Trump’s plans for tariffs, tax cuts and an immigration crackdown — including detaining and ...