Musk Quits Trump Council Over Controversial Fiscal Plan

Elon Musk Quits Trump Advisory Council Over Fiscal Plan: Unitel Bolivia Reports Bolivia – In a surprising move, tech mogul Elon Musk has announced his resignation from President Donald Trump's advisory council. The decision, reported by Bolivian news outlet Unitel Bolivia, stems from Musk's strong opposition to the administration's newly proposed fiscal plan. Unitel's report cites Musk's statements on social media and an interview on CBS Sunday Morning. Musk expressed concerns that the plan's substantial increase in spending would negatively affect his companies and harm various social programs. "Frankly, I was disappointed to see the enormous spending bill that increases the budget deficit," Musk stated in the CBS interview. The fiscal plan, totaling $350 billion, allocates approximately $150 billion to the Pentagon. The Congressional Budget Office estimates that this plan will result in 8.6 million fewer people having health insurance coverage and 30 million fewer receiving SNAP benefits monthly. Musk's resignation underscores the significant political and economic implications of the new fiscal plan, sparking debate about its potential long-term effects on both the US economy and social welfare programs. The situation highlights the growing tension between the business community and the current administration's economic policies.