Recently, American entrepreneur Elon Musk, deeply dissatisfied with the "big and beautiful" tax and spending bill proposed by the Trump administration, officially announced that he would form a new political party, the "American Party".
New political party ideas sparked by political differences
On June 30, Elon Musk published a series of harsh statements on his social media platform X, slamming the "Big, Beautiful" bill. The tech giant denounced the legislation as an "extremely crazy and destructive" policy, warning that its implementation would seriously worsen the US fiscal situation.
"Big and Beautiful" bill will cause fiscal deficit | Source:X