35.3 C
Washington
Tuesday, July 1, 2025

Trump Suggests DOGE Look at Subsidies for Musk’s Companies

Must read

President Donald Trump (R), with Tesla CEO Elon Musk (L), speaks to reporters within the Oval Workplace of the White Home on Could 30, 2025. Kevin Dietsch/Getty Photos

President Donald Trump on Tuesday instructed that the Division of Authorities Effectivity (DOGE) study the subsidies given to Elon Musk’s firms after Musk vowed to main any lawmaker who helps the president’s sweeping finances reconciliation invoice.

Trump mentioned Musk’s firms rely closely on authorities subsidies, claimed the SpaceX CEO could have obtained “extra subsidy than any human being in historical past,” and instructed that reducing these subsidies may get monetary savings.

See also  EU hits back as US tariffs spark trade war over steel and aluminium

Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News