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Billionaire business tycoon Elon Musk, who issued a scathing rebuke of the One Big Beautiful Bill Act and the House Republicans who voted for it, is sounding the alarm about America’s profligate spending, warning that it will plunge the nation “into debt slavery.”
“This immense level of overspending will drive America into debt slavery!” Musk declared early on Wednesday in a post on X.
His warning comes as the U.S. national debt is more than $36 trillion.
WHITE HOUSE STANDS BY TAX BILL AFTER MUSK CALLS IT A ‘DISGUSTING ABOMINATION’
President Donald Trump, joined by Tesla CEO Elon Musk, speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, D.C. (Kevin Dietsch/Getty Images)
“Interest payments already consume 25% of all government revenue. If the massive deficit spending continues, there will only be money for interest payments and nothing else! No…
