In response to Donald Trump’s first public appearance after Elon Musk attacked his budget, DNC Chair Ken Martin released the following statement: 

“Donald Trump’s sham budget is being publicly slammed by Elon Musk, his former shadow president, who is now calling to ‘kill’ the bill. As Trump faces national humiliation and Republicans scramble, each hour gets more pathetic for these guys. From kicking people off health care to forcing children to go hungry to adding trillions to the deficit, Trump’s billionaire-first budget is a disgrace.”

After Donald Trump commanded House Republicans to advance their disastrous funding agenda, his former shadow president Elon Musk publicly slammed the budget.

Elon Musk: “Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL”

Axios: “Budget panel sends Trump’s ‘big, beautiful bill’ to House floor”

USA Today: “Low-income families would lose, wealthier ones would gain under GOP tax proposals” 

“Low-income families stand to lose hundreds if not thousands of dollars in income while wealthy ones will gain even more, according to a new analysis of Congressional Republican tax and budget proposals. … 

“The report estimated that families with a modified adjusted gross income of less than $10,000 would lose over $2,700 (or nearly a 15% reduction in income). Families who make between $10,000 and $20,000 would lose over $800, or about 4.4% reduction in income, while families who make between $20,000 and $30,000 would lose $400, or about 1.5% reduction in income. 

“In comparison, families with higher incomes would benefit from the extension of the 2017 tax cuts.”

Axios: “The draft legislation would extend the cuts in the 2017 tax bill, and it adds on some more breaks.

“Some will benefit the wealthiest, including a permanent increase to the deduction for pass-through income to 22% from 20%, plus a hike for the estate tax exemption, which would shield more inheritances from taxes.” 

Republicans passed the largest cuts to food assistance in American history, voting to gut Medicaid and slash food assistance for millions of Americans. 

Politico: “The House Agriculture Committee voted 29-25 along party lines to advance legislation that would cut as much as $300 billion in food aid spending to pay for Republicans’ domestic policy megabill.” 

Politico: “The House Energy and Commerce Committee, in a 30-to-24 party-line vote, advanced the health care section of the GOP’s sweeping tax bill that would slash Medicaid spending by hundreds of billions of dollars.” 

Burgess Everett, Semafor: “CBO finds that the reconciliation bill (10.9 million) combined with the expiration of premium tax credits and new marketplace rule (5.1 million) would result in 16 million people fewer being insured.”

Center for Budget Policies and Priorities: “Millions of Low-Income 

Households Would Lose Food Aid Under Proposed House Republican SNAP Cuts”

“Regardless of how Republican lawmakers enact a cut of this magnitude, this would slash more than 20 percent from a program that helps more than 40 million people, including 1 in 5 children, afford groceries.”

Republicans and Democrats agree — this disastrous, billionaire-first agenda will cost hardworking Americans their jobs and devastate local economies to the tune of billions of dollars. 

Politico: “But some Senate Republicans say abruptly cutting off [clean energy] credits and changing key provisions that help fund projects more quickly could stifle investments in energy technologies needed to meet growing power demand, and lead to job losses for manufacturing and electricity projects in their states and districts.” 

Milken Institute of Public Health: “NEW REPORT: Federal Medicaid and SNAP Cuts Could Result in One Million Jobs Lost and State GDPs Falling by More than $110 Billion in 2026” 

“[P]otential budget cuts to Medicaid and the Supplemental Nutrition Assistance Program could trigger severe economic consequences across all 50 states and the District of Columbia. If implemented, these combined cuts could lead to one million jobs lost, a $113 billion decline in states’ gross domestic products, and $8.8 billion in lost state and local tax revenue in 2026 alone.” 

###