based on materials from the site - By WalletInvestor

'One big beautiful bill' of Trump is causing a stir. It promises tax cuts and changes in spending. But it also threatens to blow up America's debt. Now Elon Musk and Rand Paul are joining forces against him. They say it will harm America's future, not save it.

The Congressional Budget Office warns that the bill will add more than $3 trillion to the debt. The bill cuts support for green energy while simultaneously stimulating fossil fuels. This is a sore spot for Musk, whose companies need green support. Trump says he has rescinded the mandate for electric vehicles, criticizing Musk. The feud has hit Tesla's stock, shaking crypto investors who are watching Tesla's financial health.

Musk criticizes Trump's bill as a debt disaster
Musk did not hold back. He called Trump's bill 'the DEBT SLAVERY bill.' He says it will destroy jobs and increase financial risks for America. Rand Paul agrees, stating that the bill is short-term policy, not long-term stability.

Both fear that the bill will harm America's credit rating. The debt level already exceeds $36 trillion. The bill adds at least another $3-4 trillion. Musk says this will hurt innovation and slow America's fight against China in the race for green energy.

Musk fights for green energy
Musk sees green energy as the future. Trump's bill cuts tax incentives 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 sees green technologies as a priority, pouring subsidies into electric vehicles and renewable energy.

Musk argues that the bill will give China an advantage, harming American jobs. Unions agree with him, stating that the bill will destroy thousands of well-paying construction jobs. Musk and the unions rarely agree, but they do here. They see green energy as a trillion-dollar market that America must lead.

Musk calls Trump's bill political suicide
Musk says the bill is 'political suicide for the Republican Party.' History may support him. Trump's tax cuts in 2017 led to Republican defeats in 2018. Now the new bill could repeat that story in 2026.

The bill cuts aid for the poor while helping the rich. Reports show that the wealthiest 20% will receive the largest tax breaks. Meanwhile, millions may lose food and medical support. Musk says this will hit the poorest Americans the hardest. Voters may punish Republicans for this in the next elections.

Musk, Rand Paul, and the need for change
Trump, Musk, the big beautiful bill, and Rand Paul are all in this battle. Musk hints at creating a new party if Republicans continue to pass such bills. But many doubt that Musk's political instincts will align with voters. He wants less debt, green growth, and less government waste.

Rand Paul also wants fiscal discipline and a smaller deficit. Together, Musk and Paul call Trump's spending reckless. They consider the 'big beautiful bill' a disaster for the American economy. Debt will rise, green energy will suffer, and the rich will benefit the most.

Crypto investors are watching closely. The debt crisis and economic policy in America are affecting markets, including Bitcoin and altcoins. While Musk and Trump continue their feud, the crypto world must remain vigilant. This struggle is about more than politics; it concerns America's financial future.


$BTC , $XRP , $BNB

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