Musk leaves White House with frustrations, little progress on debt

Beschreibung:

Elon Musk is leaving his role in the Trump administration, frustrated by the challenges of cutting federal spending. Despite initially backing Trump’s cost‑cutting agenda, Musk has grown critical of fiscal policies, particularly a tax and spending bill that would add trillions to the national debt. As head of the Department of Government Efficiency (DOGE), he aimed to slash $2 trillion but ran into bureaucratic and political roadblocks. His efforts drew both praise and backlash, impacting his companies and personal reputation, The Hill has reported. Musk’s exit comes as his focus shifts back to his businesses, with Tesla’s recent financial troubles prompting him to step back from politics.