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Elon Musk condemns ‘insensitive’ US government spending – rt usa news

Elon Musk has targeted the US government’s largest federal budget, particularly President Biden’s infrastructure bill, and argued that spending has reached “insane” levels.

Speaking at Tesla’s new ‘Gigafactory’ in Austin, Texas, at the Wall Street Journal CEO Council Summit on Monday, Musk criticized the massive infrastructure bill signed by President Joe Biden last month, which was trillions of dollars, which was too expensive. Laws passed in American history.

“You can’t spend $ 3 trillion more than you earn every year. If you do not cut government spending, something bad is going to happen. That’s madness. “ he said.

Our expenses are more than our revenues. That’s madness. You can destroy all the billionaires in the country … you still can not solve the shortage.

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The Tesla founder also criticized the provisions in the bill proposing to subsidize the electric vehicle charging network, comparing the move to a plan to support gas stations with taxpayers’ dollars. “It is not necessary to support the charging network. Remove it. To clear. I really say get rid of all subsidies ”, Kasturi continued “In general, I think the government should try to get out of the way and not stop progress. “

Commenting on what he wants to see in terms of improved infrastructure, Musk said investments in airports, double-decker highways and the tunnel system for electric vehicles would be desirable. “I do not see any major effort in this direction,” he said. “

The hotly debated $ 1.2 trillion infrastructure package was approved by Pitan on November 15. A large number of Republicans in the House continued to oppose the plan and only 13 voted in favor of it, with the Senate splitting on the issue, with 19 GOP lawmakers joining the aisle. In addition to investing in electric car infrastructure, the bill also aims to repair roads and bridges in the country, improve internet speed and access, and improve the power grid.

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