Musk Declares War On Trump Over Spending Bill And Threatens New Political Party
Tech billionaire Elon Musk has intensified his opposition to President Donald Trump's tax cuts and spending legislation while calling for the creation of a new political party. Musk's criticism targets Trump's 940-page "Big, Beautiful Bill," which includes tax breaks alongside significant reductions to healthcare and food programs. The legislation has drawn opposition from Democrats and some Republicans. In early June, Musk, who served as a major Trump campaign donor and former key adviser, labeled the bill a "disgusting abomination," triggering a public dispute with the president. The two appeared to reconcile temporarily, with Trump expressing goodwill toward Musk and the billionaire posting on X that he regretted going "too far." However, as senators prepared to vote on bill amendments Monday, Musk renewed his attacks. He declared that lawmakers who campaigned on spending cuts but supported the bill "should hang their […]