Connect with us

Hi, what are you looking for?

Daily Planning Capabilities – Investing and Stock NewsDaily Planning Capabilities – Investing and Stock News

Latest News

Elon Musk opposes Johnson-backed spending package

Elon Musk, who plans to take a leading role in cutting spending for the incoming Trump administration, indicated early Wednesday that he opposes a spending bill backed by Speaker Mike Johnson.

The incoming leader of the so-called Department of Government Efficiency wrote in a post on X at 4:15 a.m. that “this bill should not pass.” If Congress doesn’t clear a spending bill by Friday night, a government shutdown will kick in.

It’s the same position as a swath of conservatives, who have excoriated the funding package for including various new unrelated spending measures, what lawmakers typically refer to as a “Christmas tree” bill.

Johnson said on Fox News on Wednesday that he’d heard many of those complaints directly from Musk and Vivek Ramaswamy, the other DOGE chief, in a group text chat they share.

“They understand the situation,” Johnson asserted. “They said: ‘It’s not directed at you, Mr. Speaker, but we don’t like the spending.’ And I said: ‘Guess what, fellas? I don’t either.”

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Introduction To The Long Put Strategy Options are used by investors to take advantage of a wide range of projections on the state of the...

    Investing

    Introduction Options can provide investors with an extremely versatile tool that can be used to bet on market direction or changes in volatility levels....

    Investing

    In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of...

    Investing

    What’s the Difference Between SPX and SPY Options? Dividends Dividends are not normally paid to options holders. However, SPY pays a dividend every quarter. This is...

    Disclaimer: Dailyplanningcapabilities.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Dailyplanningcapabilities.com