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Chuck Schumer Asked If He Would Work With Elon Musk To Kill Trump's Big Beautiful Bill In The Senate
Forbes Breaking News
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6/5/2025
Chuck Schumer Asked If He Would Work With Elon Musk To Kill Trump's Big Beautiful Bill In The Senate
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00:00
on this subject. Yes, ma'am.
00:02
GOP lawmakers have defended some of their budget bills, Medicaid reforms, by highlighting
00:09
preliminary CBO projections of roughly 1.4 million illegal immigrants losing their coverage
00:17
under state-funded health programs. Is reducing federal Medicaid payments to states that provide
00:23
coverage to undocumented immigrants? Look, the bottom line is this overall bill is so awful.
00:30
If they want to aim, if they've got some specific issues, aim it. Don't just do a meat ax or a
00:38
chainsaw across the board and cut everything, everything, everything. I don't know if their
00:44
numbers are accurate. These are GOP numbers. But it doesn't matter. The bottom line is this
00:49
goes way beyond even what they're talking about and hurts everybody. Next question. Next question.
00:55
Considering Elon Musk's robust opposition to this bill and the fact that he has not returned
01:01
the call of the Speaker of the House, according to the Speaker, would you try to bring him into
01:05
the fold to help kill this bill in the Senate? He's not my cup of tea, to put it mildly. But
01:12
Republicans are already listening to him. They're already listening to him. You've heard some of
01:18
the right-wing groups uplift Elon Musk against Donald Trump. Anyway, yes.
01:24
One of the things that it sounds like he wants is to bring back the EV tax credit that's been taken
01:30
out of the reconciliation bill. Is that another thing that you agree with Elon Musk? Well, I spoke on the
01:34
floor, I spoke on the floor about what they're doing overall in energy is just ridiculous. A, it's going to
01:40
raise people's costs, thousands of dollars in terms of their power costs. Number two, over 840,000 jobs
01:48
will be lost. And number three, it gives all the keys to China. So we have to revamp the entire
01:53
energy package. And I'm meeting with, I've met several times with my Democratic, seven or eight
01:58
of my Democratic colleagues. I think Senator Wyden was in those meetings. And we're reaching out to
02:04
Republican colleagues, as are the industries that are affected. Eighty percent of these new clean energy
02:12
industries are in Republican states. The whole thing needs revamping. The whole thing needs revamping,
02:18
just like in health care. Yes.
02:20
Are you urging members to vote against the genius that have done any final votes?
02:23
I voted no. There's a division in our caucus on that issue. The reason I voted no is because it did
02:30
nothing to stop Donald Trump and his family from engaging in self-aggrandizing, self-enriching
02:37
activities. Yes?
02:53
Well, I think the bottom line is the rescission package is something that we Democrats very much
02:59
vehemently oppose. How are you going to have a budget? How are you going to put together budgets if
03:04
they're then going to try to do rescissions? What's the point of doing a budget? But the good news is
03:09
there are a good number of Republicans who don't like it either. Last one.
03:12
Leader Jeffrey yesterday told us that he thinks the rescissions package is dead in the Senate,
03:18
that it will not pass here. Do you agree with that?
03:22
Look, we're going to fight the rescission. They haven't even sent it over to us yet, so we can't comment
03:28
on what's going to, you know, we'll see what happens in the House. But I think there's broad
03:32
Democratic opposition to the rescissions package. Okay? Thank you, everybody. Thank you, guys.
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