Elon Musk may have apologized for the things he said about Donald Trump when he was angry, but that doesn’t mean he’s changed his mind about the “big, beautiful” spending bill. In fact, he’s gone from calling it a “disgusting abomination” to declaring it should effectively spell the end of the Republican Party.
As GOP senators attempted to drag the legislation across the finish line on Monday, the richest man in the world took to X to tell his followers: “It is obvious with the insane spending of this bill, which increases 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 political party that actually cares about the people.” As a reminder, Musk shelled out nearly $300 million to get Trump, the leader of the Republican Party, elected (and then spent four months in Washington gutting the federal workforce). How much will he drop on a TBD candidate for a TBD party? That’s unclear at this time.
Earlier this month, Musk’s decision to share his true feelings about Trump’s spending bill led to a market-moving meltdown in which he and the president traded barbs over several days. Among other things, Musk claimed, “Without me, Trump would have lost the election,” and appeared to back a call for Trump to be impeached and removed from office; he also suggested Trump was named in the “Epstein files,” though later deleted the allegation. For his part, Trump threatened to sell his Tesla and reportedly called Musk a “big-time drug addict.” (Musk has insisted he is not on drugs.)
Musk is not the only one who thinks Trump’s signature second-term legislation sucks. In addition to concerned voters warning that it will lead to people dying, one Republican called it “political suicide,” and another trashed Trump’s advisers for having “no insight into how these provider tax cuts are going to be absorbed without harming people on Medicare.” At least one GOP lawmaker said if she had fully known what was in the bill, she wouldn’t have voted for it. (Next time, she’ll do the assigned reading.)
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