by Future Fund managing partner Gary Black and Barron senior specialty writer Allen Root discuss how Elon Musk’s Twitter turmoil has negatively impacted Tesla stock on ‘The Claman Countdown’.
Billionaire Elon Musk shared his thoughts on the $1.7 trillion multi-purpose spending bill presented by Congress on Tuesday night.
The Twitter chief conducted a poll on the social media site asking people whether to approve the bill and offered his own thoughts on the matter.
The poll asked the question: “Should Congress approve the $1.7 trillion multi-purpose spending bill?” In the early hours of Wednesday morning, more than 1.6 million Twitter users voted, with 75.4% saying “no” and 24.6% saying “yes”.
Sharing his own view on the matter, Musk said, “I’m in favor of a small bill to keep things going, but common sense suggests that this is the least amount needed over the holidays.”
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Elon Musk’s Twitter profile is seen in this image illustration with a smartphone superimposed over the printed Twitter logos. (REUTERS/Dado Ruvic/Illustration/File Photo/File Photo/Reuters Photos)
He also criticized the bill, saying, “It is unlikely that it will be in the public’s interest to pass a giant spending bill that almost no one has read.”
Federal lawmakers A massive $1.7 trillion spending bill Open to the public on Tuesday morning. Lawmakers have until the end of the week to pass the bill, which will fund the government by September.
A deal is needed to prevent the government from shutting down.
Some lawmakers have voiced complaints about the turnaround time to read the 4,155-page bill, which includes $858 billion in defense spending and $772.5 billion in non-defense discretionary spending.
ELON MUSK TELLS USERS THAT HE WILL RESIGN AS TWITTER’S CEO WHILE DOING A SURVEY
Musk offers polls and results on a variety of topics, including the final question that asks if he should step down as Twitter’s CEO.
The $1.7 trillion multi-purpose spending bill includes defense spending of $858 billion and non-defense discretionary spending of $772.5 billion. (Fox News Photo Illustration / Fox News)
After the poll ended, 57.5% voted in the affirmative.
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Musk kept his promise by tweeting, “I will resign as CEO as soon as I find someone stupid enough to take the job!”
Aislinn Murphy of FOX Business contributed to this report.
