'Porky Pig...': Elon Musk Slams Trump's 'One Big Beautiful Bill', Says 'Time For New Party'

Last Updated:July 01, 2025, 08:09 IST

Calling it an "insane spending bill", Musk stated that United States need an alternative to the Democrat-Republican uni-party so that the people actually have a VOICE.

Elon Musk renews criticism of Trump's spending bill. (Image: AP/File)

Billionaire Elon Musk on Monday renewed his criticism of Donald Trump’s coveted tax-cut and spending bill, which he calls “One Big Beautiful Bill" and said that he will launch the “America Party" if and when the US President passes the bill.

In a series of posts on X, the Tesla and SpaceX CEO denounced the legislation’s unprecedented $5 trillion debt ceiling increase and mocked Congress for enabling it.

“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!!" Musk wrote.

“Time for a new political party that actually cares about the people," he added.

Musk Calls For New Political Party

Calling it an “insane spending bill", the Tesla CEO stated that United States need an alternative to the Democrat-Republican uni-party so that the people actually have a VOICE.

“If this insane spending bill passes, the America Party will be formed the next day," he wrote in a post on X.

Earlier in the day, Musk lashed out at lawmakers who campaigned on cutting spending but backed the bill.

“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!" he wrote on X, adding, “And they will lose their primary next year if it is the last thing I do on this Earth."

The remarks also come after Republicans raised support for the legislation, which narrowly advanced in the Senate over the weekend. The bill faces another round of amendments and votes in the coming days, with President Trump insisting it be signed into law before July 4.

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