Key Points
- Elon Musk threatens to launch a new “American Party” if Trump’s ‘One Big, Beautiful Bill’ passes the Senate
- Musk calls the bill “madness” and a burden on taxpayers, vowing to campaign against supportive lawmakers
- The $4.5 trillion bill includes tax cuts, increased military spending, and mass deportations
- Critics warn the bill could add $3.3 trillion to the national debt and slash $1 trillion from healthcare for the poor
- Musk promises to actively oppose and fund primary challengers against any lawmaker who supports the bill
Washington:Billionaire entrepreneur Elon Musk has issued his strongest warning yet against former President Donald Trump’s controversial ‘One Big, Beautiful Bill,’ a sweeping $4.5 trillion legislative package currently under Senate consideration. Musk, known for his outspoken views and close ties to Trump, declared on social media that if the Senate passes the bill, he will immediately launch a new political force: the “American Party.”
What Is Trump’s ‘One Big, Beautiful Bill’?
The bill is a central pillar of Trump’s legislative agenda and includes:
- Extension of 2017 tax cuts: Trump seeks to make permanent the tax reductions first enacted during his presidency.
- Massive military budget increases: Billions more for defense spending and military modernization.
- Aggressive immigration measures: Funding for large-scale deportation of undocumented immigrants and the expansion of border security.
- Total package cost: $4.5 trillion in new federal spending.
Critics, including Musk, argue that the bill would increase the US national debt by $3.3 trillion over the next decade. Nonpartisan analysts also warn that it could result in $1 trillion in cuts to healthcare programs for low-income Americans, as the government seeks to offset the new spending.
Elon Musk’s Challenge: New Party, Political Activism
Elon Musk, CEO of Tesla and X (formerly Twitter), took to his social media platform to denounce the bill, calling it “madness” and a “historic burden” for ordinary taxpayers. He wrote:
“Every MP who talks about reducing expenditure and then votes in favor of this historic debt-increasing bill should be ashamed. If anyone votes in favor of this bill, then next year I will not rest until I defeat them in their primary election—no matter what I have to do for this.”
Musk further declared that if the bill passes the Senate, he will form a new political party, the ‘American Party,’ as early as the next day. This move would mark Musk’s most direct foray into US politics, positioning him as a major disruptor in the 2026 election cycle.
Growing Political Tensions
The bill has sharply divided Washington. Supporters argue it is necessary to strengthen America’s military, secure the border, and provide tax relief to families and businesses. Opponents, however, warn that it will balloon the national debt and force painful cuts to social safety net programs.
Musk’s intervention adds a new dimension to the debate, with his wealth and influence potentially reshaping the political landscape. His vow to fund and campaign against any lawmaker who supports the bill could have significant consequences for both parties.
What’s Next?
With the Senate set to vote on the ‘One Big, Beautiful Bill’ in the coming weeks, all eyes are on Capitol Hill—and on Elon Musk. If the bill passes, the launch of the “American Party” could trigger one of the most dramatic shakeups in recent US political history.
