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The Fox News Rundown

Evening Edition: Elon Musk Says Spending Bill 'Undermines' DOGE

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 28 May 2025

⏱️ 17 minutes

🧾️ Download transcript

Summary

Elon Musk, former DOGE head and major supporter of President Trump, says he is "disappointed" by the cost the "one big, beautiful bill" passed by Republicans in the House last week. The 'One Big Beautiful Bill Act' passed 215 to 214 in the House but with all Democrats and two Republicans voting against the bill. Republicans feel the the bill is a victory for President Trump that delivered key campaign promises, including extending his 2017 tax cuts. FOX’s Ryan Schmelz speaks with Grady Trimble, Washington correspondent focused on legislation, big tech and business policies for FOX Business Network (FBN), who says the two endeavors maybe at odds with each other but the spending cuts will continue. Click Here⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm Ainslie Your Heart. I'm Brett Baer. I'm Katie Pavlach, and this is the Fox News Rundown.

0:08.0

Wednesday, May 28, 2025. I'm Ryan Schmels, the one big, beautiful bill facing some criticism from

0:16.0

Elon Musk, but House Speaker Mike Johnson says more spending cuts are on the way.

0:21.4

They're looking to pass this, and they don't really need Democrats to get on board with it.

0:26.5

When you talk about the budget, you have that 60-vote threshold in the Senate.

0:30.6

They are going to have to get some Democrats on board with that, and that raises a whole other set of challenges.

0:36.8

This is the Fox News Rundown, evening edition.

0:44.2

Hey, I'm Trey Gowdy host of the Trey Gatti podcast.

0:47.2

I hope you will join me every Tuesday and Thursday

0:49.6

as we navigate life together

0:51.5

and hopefully find ourselves a little bit better on the other side.

0:55.1

Listen and follow now at Fox Newspodcast.com.

0:59.0

Elon Musk says he's disappointed the one big beautiful bill passed by the House is estimated

1:04.7

to add trillions to the deficit over 10 years. The former Doge head echoing statements from a few

1:10.7

Senate Republicans who say

1:12.4

significant changes will need to be made for them to get on board. But House Speaker Mike Johnson

1:18.1

in a post on X says Republicans have a few tools for codifying the doge cuts they plan on pursuing

1:24.5

in the near future. That includes rescissions, a package of requested

1:28.6

spending cuts the White House can send to Congress for approval on a simple majority. A source

1:34.1

familiar says the first recisions package will come next week, and there's the actual process

1:39.0

of funding the government for the next fiscal year, which poses its own set of challenges with a late September deadline

1:45.8

approaching. I think what we're seeing is sort of the work of Doge seemingly at odds with the

...

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