Elon Musk’s Sharp Criticism of GOP Spending Bill Sparks Threat to Found New Party

Elon Musk’s Sharp Criticism of GOP Spending Bill Sparks Threat to Found New Party

Elon Musk, the CEO of Tesla and SpaceX, has intensified his public criticism of the Republican Party’s recently proposed ‘big, beautiful bill,’ which seeks to raise the U.S. debt ceiling by a record $5 trillion. In a series of posts on his platform X, Musk has accused the GOP of running a one-party system, mocking it as the ‘Porky Pig Party’ and threatening to found a new political party called the ‘America Party’ if the bill is passed. His accusations come amid ongoing tensions with former allies, including former President Donald Trump, over the fiscal implications of the spending package.

Musk’s criticism of the GOP’s economic agenda has intensified in recent months, particularly following his role as head of the Department of Government Efficiency (DOGE) under the Trump administration. During his time in the Trump administration, Musk criticized the party’s approach to federal spending, arguing that it lacked the necessary fiscal discipline. His frustrations have continued even after he formally left his post in the White House, with Musk repeatedly accusing the GOP of failing to implement cuts to government waste, leading to his recent attacks on the ‘big, beautiful bill.’ Musk has described the proposal as a ‘disgusting abomination,’ claiming that it undermines his efforts to reform federal spending and reduce inefficiency in government operations.

Meanwhile, Trump has continued to defend the spending bill, calling it a necessary measure to boost the U.S. economy and fund critical programs such as defense and border security. In a recent interview with Fox Business, Trump reiterated his support for the bill, despite his public feud with Musk over the plan. The former president has praised Musk as a ‘wonderful guy,’ though he has also criticized the billionaire’s post-White House rhetoric, describing some of Musk’s comments as ‘inappropriate.’ Musk, for his part, has accused Trump and his supporters of being out of touch with the public, arguing that the GOP’s approach to fiscal policy prioritizes ‘pork barrel’ spending over fiscal responsibility.

The potential passage of the ‘big, beautiful bill’ has significant financial implications, as it would substantially increase the national debt. The bill, which includes discretionary spending for defense and border security, faces further scrutiny in the Senate and will require passage through the congressional appropriations process before it can take effect. However, critics like Musk argue that the measure fails to address the urgent need for fiscal restraint, a stance he has consistently maintained since his tenure in the Trump administration. As tensions between Musk and the GOP continue, the outcome of the bill’s passage could have long-term consequences for the U.S. economy and the political landscape.

Despite the public spat, Musk and Trump have yet to fully reconcile their differences, with Musk expressing frustration over the GOP’s stance on key policy issues, such as the electric vehicle mandate. In a now-deleted post, Musk had also sought to link Trump to the Jeffrey Epstein child sex scandal, a move that has further complicated their relationship. Meanwhile, the White House has emphasized that Musk’s criticism of the spending package does not reflect a broader policy disagreement with Trump, despite the ongoing debate over the bill’s fiscal implications.

As the debate over the ‘big, beautiful bill’ continues, the political and economic implications of Musk’s criticisms remain a topic of discussion, with analysts closely monitoring how the final legislation will impact both the U.S. economy and the broader political landscape. Whether Musk’s proposed ‘America Party’ will gain traction or if the GOP’s approach will ultimately be seen as a necessary measure for economic growth remains to be seen.