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Elon Musk Threatens to Oust Republicans Who Support Trump’s $5 Trillion Debt Bill
Elon Musk has stirred up the political landscape once again — this time not over technology or AI, but in response to Donald Trump’s massive new tax and spending proposal. The billionaire entrepreneur warned that he would ensure the downfall of any Republican lawmaker who backs the bill, stating, “even if it’s the last thing I do on this planet.”
🔹 Trump’s Mega Bill Sparks Division Among Republicans
At stake is a 940-page legislative package now under Senate review through a so-called "vote-a-rama" — a marathon of proposed amendments. Trump is pushing for final approval by July 4. The bill raises the debt ceiling by $5 trillion, dramatically boosts military spending, slashes social safety nets, and introduces sweeping tax changes.
🔹 Musk Fires Back: “You Betrayed Your Principles!”
Musk accused lawmakers of hypocrisy — campaigning on cutting spending, only to vote for what he calls the largest debt increase in U.S. history. His statement on X quickly resonated with conservative voters who share concerns about America’s rising debt.
🔹 First Defectors: Rand Paul and Thom Tillis Say No
Senator Rand Paul of Kentucky opposes the bill due to its debt implications. Senator Thom Tillis of North Carolina cited deep Medicaid cuts as a betrayal, warning it would strip hundreds of thousands of healthcare coverage. Tillis later announced he will not seek re-election in 2026.
🔹 Senators Collins and Murkowski Express Doubts
Although both voted to advance the bill, Senators Susan Collins and Lisa Murkowski raised serious concerns. They favor increasing taxes on the wealthy over slashing support for low-income healthcare.
🔹 Budget Gimmick: “Current Law Baseline” Trick
Republicans deployed a budget maneuver that reduces the official price tag by $3.8 trillion by pretending that the 2017 tax cuts were always intended to be permanent. This controversial tactic, never before used in the Senate, has drawn sharp rebukes from Democrats.
🔹 Trump Demands Swift Passage
The bill has already passed the House of Representatives. If the Senate approves it, Trump is ready to sign it into law by the end of the week. House Speaker Mike Johnson is preparing lawmakers for a final vote possibly as soon as Wednesday.
🔹 What’s Inside the Bill? A $150 billion increase in military spendingCuts to Medicaid, food stamps, and green energy programsTax changes for tips and overtimeFunding for Trump’s immigration and deportation operationsA $5 trillion debt ceiling increase to avoid default by August
Musk’s fiery declaration signals that resistance to the bill is not just coming from Democrats — but also from within the Republican Party and among influential business leaders. If passed, the bill could plunge the U.S. into historic debt and spark major shifts in social policy.
#ElonMusk , #TRUMP , #USPolitics , #CryptoPolitics , #CryptoNews
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