2025-05-29
12 分钟Elon Musk joins critics of President Trump's tax and spending bill.
Plus, what the loss of legal status of immigrant workers could mean for their employers.
It could potentially leave a huge hole in their workforce.
These types of workers with these legal protections are employed all around the country.
They work for big companies.
They work for small employers.
And Nvidia sales soar as demand for AI chips surges.
It's Wednesday, May 28th.
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.
Elon Musk has given new fuel to critics of the Republicans' multi-trillion dollar tax and spending agenda.
In excerpts released Tuesday night from an interview with CBS Sunday Morning,
Musk said the tax bill failed to reduce the federal deficit and undermined cost-cutting undertaken by his Department of Government Efficiency.
The bill narrowly passed the House last week and now heads to the Senate,
where some fiscal hawks have demanded deeper cuts.
Asked about Musk's criticism,
Trump alluded to the thin Republican majority in the House and said negotiations were continuing.
Separately, President Trump rejected claims that he's backing down on tariffs.
In the Oval Office today,