The sudden fallout ended a nearly yearlong partnership, during which Mr. Musk helped propel Mr. Trump to the White House and became one of the president’s top advisers.
Category: Federal Budget (US)
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Here’s the latest.
The open acrimony between the two men comes after the billionaire denounced President Trump’s signature domestic policy bill as an “abomination.”
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How Hard Will Musk Fight Republicans’ Budget Bill?
The tech mogul is urging followers to pressure lawmakers to “KILL THE BILL,” potentially undermining a key plank of President Trump’s domestic agenda.
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Republicans Try to Discredit Experts Warning About the Cost of Tax Cuts
President Trump and his allies have united around a new foe: the economists and budget experts who have warned about the costs of Republicans’ tax ambitions.
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How Low Will the Dollar Go?
Trade-war angst has put pressure on the greenback this year. Wall Street thinks it’s about to get worse.
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Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
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Trump Gives Elon Musk an Oval Office Farewell
Mr. Musk, who says he will devote more time to his private companies, never came close to achieving his goal of cutting $1 trillion from the federal budget.
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Ray Dalio’s Prescription for Avoiding Fiscal Catastrophe
The hedge fund billionaire’s take on how to fix America’s fiscal woes is getting a warm reception in Washington, even as he suggests drastic changes.
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Trump Administration Wrongly Impounded Infrastructure Aid, Watchdog Finds
The findings appeared to inch the government closer to a constitutional showdown, as President Trump increasingly looks to claim expansive powers over the nation’s purse strings.