CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Coin Rise 2025-07-07 13:20:16

Trump Slams Musk Over Launch of America Party: Details

The United States President Donald Trump has criticized Elon Musk after the billionaire announced the formation of a new political party, the “America Party,” aiming to challenge the US two-party system. Posting on Truth Social, Trump said he was “saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks.” Trump argued that third parties “have never succeeded in the United States” and suggested the system is not designed to support them. His comments came just hours after Musk declared the launch of his party on X, stating he would move forward if Congress passed Trump’s controversial tax and spending bill , which was approved on Thursday. Musk’s Party Sparks Fears of GOP Vote Split Musk’s new party has sparked concerns among Trump supporters that it could divide Republican votes in the upcoming midterm elections, risking the party’s slim majority in Congress. The US election system, which operates on a first-past-the-post basis, allows candidates to win with the most votes even if they do not secure an outright majority, increasing the potential for a third-party spoiler. Far-right influencer Laura Loomer, a Trump ally, expressed concerns on X that prominent Republicans like Representatives Marjorie Taylor Greene and Thomas Massie could defect to Musk’s America Party. While third parties have occasionally won state and local offices, none have captured the presidency since the Republican Party’s emergence in the 19th century. However, Musk’s financial influence and large platform could give the America Party a unique position in the 2026 elections if he follows through on his plans. Rift Grows Over Spending Bill The rift between Trump and Musk intensified after Musk criticized the Republican-backed One Big Beautiful Bill Act, which is projected to add $3.3 trillion to the national debt over the next decade. Musk described the bill as a “disgusting abomination” and threatened to oppose lawmakers who supported it, stating, “they would lose their primary next year if it is the last thing I do on this Earth.” Previously, Musk served in a special government role within the Department of Government Efficiency, or DOGE, a nod to Dogecoin, where he focused on cutting government spending. Musk has argued the bill undermines efforts to reduce wasteful expenditures and has pledged that his new party will target key House and Senate races. Posting on X, Musk revealed plans to “laser-focus” on two to three Senate seats and eight to ten House districts to act as a decisive voice on critical legislation, aiming to ensure that laws reflect the “true will of the people.” The post Trump Slams Musk Over Launch of America Party: Details appeared first on TheCoinrise.com .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约