Musk 'Disappointed' in Trump's 'Big, Beautiful Bill'

Elon Musk said he is "disappointed" by the costs of President Donald Trump's "one big, beautiful bill" passed by Republicans in the House last week.

"I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decreases it, and undermines the work that the DOGE team is doing," Musk told "CBS Sunday Morning" in an exclusive broadcast interview.

The remarks by Musk, who recently stepped back from running the Department of Government Efficiency, or DOGE, are in contrast to Trump, who backed the legislation, which still needs Senate approval.

The One Big Beautiful Bill Act passed 215 to 214 in the House. All Democrats and two Republicans, Reps. Thomas Massie, R-Ky., and Warren Davidson, R-Ohio, voted against the bill. House Freedom Caucus Chair Andy Harris, R-Md., voted "present."

The bill is a victory for Trump and House Republicans, who overcame policy disagreements to deliver on Trump's key campaign promises, including an extension of his 2017 tax cuts and no tax on tips, overtime and Social Security.

It aims to cut roughly $1.5 trillion in government spending.

The U.S. government is still more than $36 trillion in debt and has spent $1.05 trillion more than it has collected in the 2025 fiscal year, according to the Treasury Department.

The bill still faces hurdles.

The Senate is tasked with passing its own version. Republican leaders are hoping to send the bill to Trump's desk by the Fourth of July.