Alex Ossola
đ€ PersonAppearances Over Time
Podcast Appearances
Good to be with you, Luke.
Good to be with you, Luke.
Elon Musk nennt Trumps Big Beautiful Bill eine schreckliche Ăberraschung, als der PrĂ€sident fĂŒr Doge-Cuts die Aufmerksamkeit des Kongresses sucht. Plus, why now is the time to listen to Wall Street's alarm over the US debt.
Elon Musk nennt Trumps Big Beautiful Bill eine schreckliche Ăberraschung, als der PrĂ€sident fĂŒr Doge-Cuts die Aufmerksamkeit des Kongresses sucht. Plus, why now is the time to listen to Wall Street's alarm over the US debt.
And Israeli troops fire at Palestinians heading to an aid distribution site in Gaza. It's Tuesday, June 3rd. I'm Alex Osola for The Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that move the world today.
And Israeli troops fire at Palestinians heading to an aid distribution site in Gaza. It's Tuesday, June 3rd. I'm Alex Osola for The Wall Street Journal. This is the PM edition of What's News, the top headlines and business stories that move the world today.
Former White House cost-cutting czar Elon Musk called President Trump's big, beautiful tax and spending package a, quote, disgusting abomination. Posting on his ex-social media platform, Musk wrote, quote, shame on those who voted for it. You know you did wrong.
Former White House cost-cutting czar Elon Musk called President Trump's big, beautiful tax and spending package a, quote, disgusting abomination. Posting on his ex-social media platform, Musk wrote, quote, shame on those who voted for it. You know you did wrong.
Musk's latest criticism of the bill comes as the Senate is trying to quickly pass the measure and as Trump is trying to codify some of the spending cuts rolled out by the Department of Government Efficiency, or DOJ. Asked about Musk's social media post, White House Press Secretary Caroline Leavitt told reporters, Look, the President already knows where Elon Musk stood on this bill.
Musk's latest criticism of the bill comes as the Senate is trying to quickly pass the measure and as Trump is trying to codify some of the spending cuts rolled out by the Department of Government Efficiency, or DOJ. Asked about Musk's social media post, White House Press Secretary Caroline Leavitt told reporters, Look, the President already knows where Elon Musk stood on this bill.
It doesn't change the President's opinion. This is one big, beautiful bill and he's sticking to it. House Speaker Mike Johnson said Musk is terribly wrong. He said the bill is a very important first start in terms of cutting costs and the package will be jet fuel for the economy.
It doesn't change the President's opinion. This is one big, beautiful bill and he's sticking to it. House Speaker Mike Johnson said Musk is terribly wrong. He said the bill is a very important first start in terms of cutting costs and the package will be jet fuel for the economy.
Trump hosted Musk at a farewell news conference in the Oval Office last week, where the two men heaped praise on each other, aiming to counter the perceptions that their partnership had frayed. Meanwhile, as we said, the White House has sent to Congress a nearly $10 billion rescissions package intended to cut government spending. For more, I'm joined now by WSJ reporter Jasmine Lee.
Trump hosted Musk at a farewell news conference in the Oval Office last week, where the two men heaped praise on each other, aiming to counter the perceptions that their partnership had frayed. Meanwhile, as we said, the White House has sent to Congress a nearly $10 billion rescissions package intended to cut government spending. For more, I'm joined now by WSJ reporter Jasmine Lee.
So, Jasmine, what is included in some of these cuts?
So, Jasmine, what is included in some of these cuts?
The Trump administration is also weighing using a separate controversial process called impoundment to clawback funds. What is this and how does it help the White House to do this?
The Trump administration is also weighing using a separate controversial process called impoundment to clawback funds. What is this and how does it help the White House to do this?
The President's Tax and Spending Bill comes at a time when Wall Street has already been sounding the alarm on U.S. debt. Last week, JPMorgan Chase CEO Jamie Dimon warned of a possible crack in the bond market. Others say that deficit spending and debt levels are so high that they won't be sustainable for much longer. But is that really true? I'm joined now by WSJ-Investing-Colonist Spencer Jacob.
The President's Tax and Spending Bill comes at a time when Wall Street has already been sounding the alarm on U.S. debt. Last week, JPMorgan Chase CEO Jamie Dimon warned of a possible crack in the bond market. Others say that deficit spending and debt levels are so high that they won't be sustainable for much longer. But is that really true? I'm joined now by WSJ-Investing-Colonist Spencer Jacob.