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US President Donald Trump and Ilon Musk are face to face with the ‘Big Beautiful Bill’. Trump is in support of this bill, while against Musk. The bill has passed in the House of Representatives on 22 May by a margin of just 1 vote.
215 votes were received in support of this and 214 votes in protest. It is now under consideration in the Senate, where it is to be passed by 4 July 2025. Musk is now seen to be a major obstruction in the way of this bill of Trump.
Trump claims that it is a ‘patriotic’ law ‘. Its passage will increase investment in the US and reduce dependence on China. Whereas Musk consider it a bill filled with pork field.
According to reports, Musk has moved 3 MPs of the Republican Party to prevent this bill from passing.
3 Republican MPs will vote against the bill Musk says that this is a ‘loot document’ to distribute government subsidy. This will increase the national deficit to $ 2.5 trillion. He warned the Republican MPs that those who support the bill will be voted against them in the mid -term elections of 2026.
Musk shared the old posts of Trump, in which Trump himself criticized to increase the debt and said that Trump is now going against his own principles.
Some Republican senators such as Rand Paul, Ron Johnson and Mike Lee have openly come in support of Musk and want a change in the bill. These MPs have said that they will vote against the bill.
Trump considers it to be the backbone of his economic plan, but if the lobbying effect of Musk continues, then Trump may not only have to change the bill, but he will have to adopt a separate strategy to gather support in his own party.
Trump supporters say the bill proposes to abolish the tax exemption given by the Biden government for electric vehicles and solar energy, which can damage Musk’s company Tesla.
Trump put full emphasis to pass the bill Republican in the US Senate has a minor majority of 53–47. 3 senators have already spoken about voting against the bill. In such a situation, the case has come at 50-50. If 1 more MP also votes against this bill, then Trump will not be able to pass this bill.
The problem with Trump is that if this bill is not passed in the Senate, it will have to be passed in the House of Representatives once again. While Trump was able to pass this bill by a margin of just 1 vote in this House.
Despite Musk’s opposition, Trump has started efforts to pass the bill. He has met with several senators and also talked on the phone, so that he is celebrated to vote in support of the bill. Apart from this, Trump is also considering making a lot of amendment in the bill.
Trump’s bill may lose billions of rupees to India
If Trump’s Forest Big Beautiful Bill passes from the upper house of the US Parliament, then India may lose billions of rupees every year.
According to the bill, when foreign workers working in America send money to other countries, they will have to pay 3.5% tax on that amount. Earlier this tax was proposed 5%, but it was reduced after pressure.
According to the World Bank and the Reserve Bank of India, in 2024, India received a $ 129 billion Remedy. Of this, 28% i.e. $ 36 billion was received from the US.
This new tax can cause India loss of billions of dollars every year. In the last 10 years, India’s remedy has increased by 57%. From 2014 to 2024, India received a total of $ 982 billion Remedy.
Please tell if someone works in America and sends money to India every month, then it is called Remittens. This money is sent through bank transfer, money transfer services or other digital platforms.
Trump described Musk as crazy, then Musk said Trump Ehsan Faramosh
The debate between Trump and Musk on the Big Beautiful Bill on Thursday began when Trump expressed displeasure over Musk while talking to the media.
Trump had said that when we essentially asked to cut the law of purchasing electric vehicles, Musk started having problems. I am very disappointed with Ilon. I have helped him a lot.
After this, Musk made many tweets on his social media platform X, describing Trump as a fan. Musk said that if I had not been there, Trump would have lost the election. He had even spoken about impeachment on Trump.
After this, Trump targeted Musk on his social media platform Truth social. He wrote- When I withdrew his EV Mandate (legal order), Musk went mad. Trump threatened to end the subsidy given to Musk’s company. Read the full news here …
