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  • 6/6/2025
During a House Appropriations Committee hearing on Wednesday, Rep. Steny Hoyer (D-MA) read Elon Musk's criticism of the Republican spending bill.
Transcript
00:00Thank you, Mr. Chairman. I'm at 517 already. Am I over?
00:14I am against dynamic scoring, not because I don't believe there is a dynamic score,
00:26but because I think it is a gamble. And one of the reasons we've gotten to places where we are
00:31is because it's been a gamble. I've been here a long time, as you know, when Ronald Reagan's
00:37David Stockman said, tax cuts going to pay for itself. Ronald Reagan increased the deficit,
00:44only one man can stop spending, or one person, the President of the United States, by 189%.
00:50Mick Mulvaney told us that the Bush tax cut would pay for itself. And Mitch Daniels also told us,
01:06excuse me, Mick Mulvaney was Trump's, that Bush's tax cut would pay for itself.
01:12They didn't do it. And we ran deficits. And we ran deficits. The only one that really had a low
01:19deficit was Bill Clinton and a balanced budget, as you probably recall. Now, the budget you've
01:26now said, we've had a lot of talk about Doge. Mr. Musk, of course, headed up Doge and was regaled
01:34as somebody who was a genius and could do everything. He said this, I'm sorry, but I just can't stand it
01:39anymore. This massive, outrageous, pork filled congressional spending bill is a disgusting
01:47abomination. Shame on those who voted for it. You know, you did wrong. You know it. So that at least
01:58one person that has been high up in this administration, who being worth $450 billion is prepared to tell the
02:05truth. This bill is not going to pay for it itself. And we are not honest with one
02:13another. The discretionary part of the budget, which you talked, you said 30 percent, defense,
02:19veterans, homeland security, take it far above that. So we deal with 14 or 13 percent of the
02:27budget to try to balance the budget. That's dishonest. It cannot be done. If you eliminate
02:33all of non-defense, non-veteran discretionary funding. So David Stockman ended up with a book
02:40said, we lied. I hope you won't do that.

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