Senator Elizabeth Warren has recently called out DOGE Chair Elon Musk, urging him to take action and cut wasteful spending. In a tweet directed at Musk, Warren proposed that the Internal Revenue Service (IRS) be fully funded and the carried interest loophole be closed.

Warren’s tweet comes after Musk’s recent announcement that Tesla had invested $1.5 billion in Bitcoin, causing the cryptocurrency’s value to skyrocket. This move has raised concerns about the company’s financial decisions and the potential impact on its shareholders.

In her tweet, Warren highlighted the need for responsible spending and the importance of closing tax loopholes. She emphasized that the IRS plays a crucial role in ensuring that everyone pays their fair share of taxes, and it should be fully funded to carry out its duties effectively.

The carried interest loophole, which allows certain investment managers to pay a lower tax rate on their income, has been a contentious issue for years. Warren has been a vocal advocate for closing this loophole, arguing that it benefits the wealthy at the expense of the middle and working class.

Warren’s call for action has sparked a debate among the public, with some applauding her for holding Musk accountable and others criticizing her for targeting a successful entrepreneur. However, many agree that responsible spending and fair taxation are essential for a healthy economy and society.

This is not the first time Warren has taken a stand against Musk and his companies. In 2018, she criticized Musk’s compensation package at Tesla, which included stock options worth billions of dollars. She argued that such excessive compensation was not justified and could harm the company’s long-term success.

As the debate continues, it remains to be seen if Musk will respond to Warren’s call for action. But one thing is clear – the issue of responsible spending and fair taxation is a crucial one, and it is essential for all individuals and companies, regardless of their success, to contribute their fair share to society.