Billionaire Elon Musk has lashed out at President Trump’s proposed spending bill, calling it “insane” and vowing to form a new “America Party” if it passes. Criticizing both Democrats and Republicans for enabling a $5 trillion debt hike, Musk accused lawmakers of hypocrisy and warned political retaliation. The controversial bill narrowly advanced in the Senate and could be signed into law before July 4.
first published: Jul 1, 2025 11:26 am
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