According to reports from foreign media such as CNN, on June 30 local time, during the final vote debate in the U.S. Senate on a large-scale tax and spending bill that U.S. President Trump called "big and beautiful," U.S. entrepreneur Elon Musk issued the harshest threat through a post on the social platform X.
The post read: "Every member of Congress who claims to reduce government spending during the campaign but immediately votes to support the largest increase in debt in history should be ashamed! If this is the last thing I do on Earth, they will fail in the election next year!"
Several hours later, Musk further claimed that if this "crazy spending bill" passed, he would establish a new political party called "The America Party" the next day. "Our country needs a new political party to replace the Democratic or Republican Party, giving people a real chance to speak," his post said.
The report stated that Musk has long supported strict control over the U.S. border and the deportation of illegal immigrants, which aligns with Trump's policies. However, the "Big and Beautiful" bill caused an open rift between the two. Earlier this month, he had already proposed to form a new political party in a series of posts and criticized the bill for raising the U.S. federal government's debt ceiling by $5 trillion record-high.
According to estimates from the Congressional Budget Office, the Senate version of the "Big and Beautiful" bill will add nearly $3.3 trillion in deficits over the next decade, higher than the $2.4 trillion in the House version. The bill's content includes extending the 2017 Republican tax cuts, funding for large-scale immigration removal actions, including hiring nearly 20,000 immigration enforcement officers. To raise funds, the bill plans to set stricter conditions for recipients of social welfare programs such as Medicaid and food stamps.
According to Musk's statement, the bill will lead to "debt slavery" and "subsidize backward industries while severely harming future industries." He claimed that canceling subsidies for electric vehicles and new energy was not his main reason for opposing the bill; the key issue was the massive spending of the bill, which failed to achieve the goal of reducing the U.S. government's deficit.
Previously, Musk had announced he would reduce political donations, saying he "had done enough," but this time his attitude changed. In response to the U.S. Congress advancing the bill, Musk vowed to fund Republican lawmakers who shared his views. According to information from the Federal Election Commission, Musk's political action committee "America PAC" had funded two Republican candidates in Florida in March of this year.
Original article: https://www.toutiao.com/article/7522263232687424041/
Statement: This article represents the personal views of the author. Please express your opinion by clicking the [up/down] buttons below.