Elon Musk sharply criticized Trump's spending bill. He warned lawmakers that supporting the bill would lead to their defeat. Musk also mentioned forming a new party.
Elon Musk New Part: Elon Musk, the world's richest person and owner of Tesla-SpaceX, has bly criticized the tax cut and spending proposal, allegedly named the “Big Beautiful Bill” by former U.S. President Donald Trump. Musk described the bill as “insane” and “destructive” and warned that any lawmakers who support it will face defeat in next year's primary elections.
Lawmakers Threatened with “Primary Defeat”
Musk stated explicitly that lawmakers who support the bill would lose in next year's primary elections. He also said that he could form a new party the very next day if he wanted to. Musk made these comments on the social media platform X, adding that lawmakers who had promised to “cut government spending” but supported the bill would face embarrassment.
How the “Porky Pig Party” Gained Attention
Musk, criticizing the bill, dubbed it the “Porky Pig Party” bill. This term is used for extravagance and impractical expenditure. He argues that this bill is dangerous for the country and will further increase the national debt. He stated that this bill would waste American taxpayers' money and disrupt economic balance.
Hints of a New Political Party?
Against this controversial bill, Elon Musk openly said, “Now is the time for a new party that actually cares about the people.” His statement indicated that he was ready for this and would announce the party the next morning if needed. This statement reflects a new trend in Musk's political activism.
Deterioration in Musk and Trump's Relationship
When Trump was running for president, Musk spent approximately $300 million on Trump's election campaign and was also the head of the Department of Government Efficiency (DOGE) in the Trump administration. At that time, his main task was to cut government spending. However, this time, Musk has taken a b attacking stance on Trump's new bill, which hints at a souring of their relationship.