Source: The American Prospect
by Robert Kuttner
“Elon Musk blew up a near-complete bipartisan budget deal with an avalanche of tweets contending that it was too costly, luring Donald Trump into demanding that Republicans kill it. But Musk’s real reason was that the agreement included painstakingly negotiated limits on American tech investment in China. Had that provision passed, it would have been costly to Musk’s extensive Chinese Tesla operations and future AI plans. Between Tuesday and Thursday, the budget deal collapsed. Trump, following Musk’s lead, threw in a new demand that the deal tackle the debt ceiling, always a politically tricky vote. But neither Democrats nor Republican fiscal hawks would give Trump that.” (12/21/24)
https://prospect.org/politics/how-musk-out-maneuvered-trump-government-funding-china/