Trump’s “One Big Beautiful Bill” is making waves. It promises tax cuts and spending changes. But it also threatens to explode America’s debt. Now, Elon Musk and Rand Paul are teaming up against it. They say it will damage America’s future, not save it.
The Congressional Budget Office warns the bill will add over $3 trillion to the debt. The bill cuts green energy support while boosting fossil fuels. This is a sore spot for Musk, whose companies need green support. Trump says he took away the EV mandate, calling out Musk. The feud has hit Tesla’s stock, shaking crypto investors watching Tesla’s financial health.
Musk Slams Trump’s Bill as Debt Disaster
Musk did not hold back. He called Trump’s bill the “DEBT SLAVERY bill.” He says it will destroy jobs and increase America’s financial risk. Rand Paul agrees, saying the bill is short-term politics over long-term stability.
Both fear the bill will damage America’s credit. Debt levels are already over $36 trillion. The bill adds at least $3-4 trillion more. Musk says this will hurt innovation and slow America’s fight with China in the green energy race.
Musk Fights for Green Energy
Musk sees green energy as the future. Trump’s bill cuts tax credits for solar, wind, and electric vehicles. At the same time, it helps coal, oil, and gas. Trump calls green energy a liberal dream. But China treats green tech as a priority, pouring subsidies into EVs and renewables.
Musk argues the bill will give China an edge while hurting American jobs. Unions agree with him, saying the bill will kill thousands of good-paying construction jobs. Musk and unions rarely agree, but they do here. They see green energy as a trillion-dollar market America should lead.
Musk Calls Trump’s Bill Political Suicide
Musk says the bill is “political suicide for the Republican Party.” History might back him. The 2017 Trump tax cuts led to Republican losses in 2018. Now, the new bill could repeat that story in 2026.
The bill cuts aid for the poor while helping the wealthy. Reports show the richest 20% will get the biggest tax breaks. Meanwhile, millions could lose food and healthcare support. Musk says this will hurt the poorest Americans the most. Voters may punish Republicans for it in the next elections.
Musk, Rand Paul, and the Need for Change
Trump, Musk, big beautiful bill, and Rand Paul are all in this battle. Musk hints at starting a new party if Republicans keep passing bills like this. But many doubt if Musk’s political instincts will align with voters. He wants lower debt, green growth, and less government waste.
Rand Paul also wants fiscal discipline and smaller deficits. Together, Musk and Paul are calling out Trump’s spending as reckless. They see the “big beautiful bill” as a disaster for America’s economy. Debt will rise, green energy will suffer, and the rich will benefit most.
Crypto investors are watching closely. America’s debt crisis and economic policies impact markets, including Bitcoin and altcoins. As Musk and Trump continue their feud, the crypto world should stay alert. This fight is bigger than politics; it’s about America’s financial future.
