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00:02Elon Musk criticized the Republican bag's One Big Beautiful Bill Act,
00:05calling it a setback for efforts to curb government waste, according to CNBC.
00:09In a preview of his upcoming CBS Sunday morning interview,
00:12Musk said the bill increases the deficit and undermines the Department of Government Efficiency,
00:16which he chairs.
00:17Doge claims to have saved $170 billion since January,
00:21largely by eliminating redundancies and cutting over 275,000 government jobs.
00:26He was projected to raise the deficit by $3.8 trillion over 10 years,
00:29despite GOP claims it will spur enough growth to offset tax cuts.
00:33Musk told the Washington Post that he underestimated how dysfunctional the federal bureaucracy is,
00:37and said Doge became a scapegoat for broader issues.
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