One of the world’s richest men is not a fan of Biden’s “Build Back Better” plan.
“Honestly, I would just can this whole bill,” Elon musk said. “Don’t pass it. That’s my recommendation.”
Per Just the News, Musk argued the federal government should “get out of the way and not impede progress,” emphasizing that the government ought to be a “referee” rather than a “player on the field.”
“Rules and regulations are immortal,” Musk said at the Wall Street Journal’s CEO Council event on Thursday evening. “They don’t die. The vast majority of rules and regulations live forever … there’s not really an effective garbage collection system for removing rules and regulations, so this hardens the arteries of civilization where you are able to do less and less over time.”
“Biden’s budget bill includes $7,500 subsidies for the purchase of electric vehicles. It also includes an additional $4,500 for the purchase of union-made electric vehicles, which would exclude the nonunion Tesla,” the report adds.