US President Donald Trump’s controversial tax bill has surpassed a major procedural obstacle to the US Senate late Saturday night, pushing the huge cost of spending, one step closer to ratification.
Billionaire Ilon Musk reiterated his criticism of the bill, once again underlining the need for a new political party in the country.
The head of Tesla criticized the ‘Irrational expenses’ of the bill, in particular the measure that increases the ceiling of debt by $ 5 trillion.
“It is obvious … that we live in a country with a single party – the pig party !! Time for a new political party that really cares about the people »Musk wrote on X.
It is obvious with the Insane Spending of this Bill, which increas the debt ceiling by a record Five Trillion Dollars that we live in a one-party country-The Porky Pig Party !!
Time for a new politic party that actually cares about the people.
– Elon Musk (@elonmusk) JUNE 30, 2025
Musk has repeatedly expressed his frustration for what he considers to be an inter -party indifference to the growing state debt. Earlier this month, she publicly clashed with Trump for the bill, before later.
After weeks of relative silence after a controversy with Trump on legislation, Musk returned to the debate on Saturday as the Senate was examining the package, characterizing it. ‘Completely absurd and destructive’ In a post on the social networking platform X.
On Monday, he raised his criticism, saying that legislators who had campaigning in favor of reducing spending but supported the bill “They should bend their heads of shame!”
“And I will make them lose their qualifiers next year, even if this is the last thing I will do on this land,” said Musk.
Musk, the richest man in the world, has argued that the legislation will significantly increase national debt and eliminate the savings that, he says, has succeeded through Doge.
It remains unclear how much influence Musk has on Congress or what impact his views can have on the bill. However, Republicans have been concerned that his dispute with Trump, who could harm their chances of protecting their majority in the 2026 intermediate elections to Congress.
The intense public dispute has also led to the instability of Tesla, with the company’s shares seeing wild price fluctuations that have extinguished about $ 150 billion from its market value, although it has since recovered.
The controversy underlines the growing tensions between the government and prominent business leaders over the priorities of fiscal policy.
Source :Skai
With a wealth of experience honed over 4+ years in journalism, I bring a seasoned voice to the world of news. Currently, I work as a freelance writer and editor, always seeking new opportunities to tell compelling stories in the field of world news.