'America Party will be formed': Musk vows to form new political party if Donald Trump's 'big, beautiful bill' passes Congress
Elon Musk's Criticism of Trump's Spending Bill
- Elon Musk criticizes Donald Trump's $3. 3 trillion spending bill.
- Threatens to form a new political party if the bill passes.
- Describes the bill as an "insane domestic policy bill".
- Claims the bill will worsen healthcare for millions.
Details of the Spending Bill
- The bill includes tax benefits for businesses and higher-income households.
- It is over 900 pages long and recently passed a procedural vote in the Senate.
- Support largely came from Republican senators, with only two opposing it.
- The Senate is debating the bill and various amendments before a final vote.
- If approved, it will go to the House for another vote before signing by the President.
Musk's Statements on Political Reform
- Musk advocates for an alternative to the "Democrat-Republican uniparty".
- He intends to form the "America Party" the day after the bill is signed.
- Emphasizes the need for a political force that gives a voice to the people.
- Criticizes Congress members who voted for the bill after campaigning against government spending.
Concerns About Economic Impact
- Musk argues the bill will destroy millions of jobs and harm the economy.
- He expresses frustration over increasing government debt and bipartisan indifference.
- Musk tags members of the House Freedom Caucus, criticizing their support for the bill.
Republican Party Divisions
- The bill's projected $3. 3 trillion impact creates divisions within the Republican Party.
- Senate Majority Leader John Thune expresses uncertainty about the bill's passage.
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