Musk shreds Trump’s tax bill as ‘DEBT SLAVERY,’ vows to unseat Republicans who back it

He could have stopped overtly feuding with President Donald Trump, however Elon Musk is not backing off his bid to kill Trump’s signature megabill.

The Tesla and SpaceX CEO unloaded Monday on the huge tax-and-spending laws that Trump is pushing Republicans to rapidly ram by Congress, labeling it a “DEBT SLAVERY bill” and calling out its supporters by title.

The uber-rich Musk — who spent round $290 million backing Trump and different Republicans within the 2024 election cycle and past — referred to as for a “new political social gathering.”

He even vowed that any fiscal conservatives who vote for the bill will face his wrath of their subsequent major races.

“Each member of Congress who campaigned on decreasing authorities spending after which instantly voted for the largest debt improve in historical past ought to dangle their head in disgrace!” Musk wrote in a collection of posts on his social media website, X.

“And they’re going to lose their major subsequent 12 months if it is the very last thing I do on this Earth,” he added.

Musk’s newest tirade got here as the voting is underway within the Senate on dozens of amendments to the huge bill, as a part of the sophisticated reconciliation course of that allows the GOP to go it with out Democratic assist.

If the Senate passes the revised model of the bill, it should return to the Home for a remaining vote earlier than heading to Trump’s desk to be signed into regulation.

Musk’s threats to unseat Republican backers of the bill might carry extra weight within the Home than they do within the Senate.

All Home members face major and common elections each two years, whereas senators have six-year phrases and staggered elections.

The Home elections are held in members’ congressional districts, relatively than in statewide races, which signifies that a big injection of marketing campaign money towards a major challenger’s marketing campaign might make a much bigger influence.

Musk has beforehand sounded off on the sprawling bill over provisions that might hike the debt ceiling by trillions of {dollars} and roll back clear power credit whereas providing a brand new tax incentive for coal manufacturing.

Tesla’s power division sells photo voltaic panels. The Senate model of the bill would completely repeal federal subsidies to the wind and photo voltaic industries for the initiatives positioned in service after 2027.

Musk leaned into his criticism Monday afternoon, writing, “It’s apparent with the insane spending of this bill, which will increase the debt ceiling by a report FIVE TRILLION DOLLARS that we dwell in a one-party nation – the PORKY PIG PARTY!!”

“Time for a brand new political social gathering that really cares in regards to the individuals,” he wrote.

He additionally singled out two Home Republicans, Andy Harris of Maryland and Chip Roy of Texas, who are members of the extra-conservative Freedom Caucus however didn’t vote in opposition to the bill.

“How will you name your self the Freedom Caucus when you vote for a DEBT SLAVERY bill with the largest debt ceiling improve in historical past?” Musk wrote, tagging each congressmen by their social media handles.

Harris, the Freedom Caucus chairman, voted current for the bill that handed the Home in Might. He defined on the time that he did so to “transfer the bill alongside within the course of for the President,” however added, “there’s nonetheless lots of work to be executed in deficit discount and ending waste, fraud, and abuse within the Medicaid program.”

That is creating information. Please examine back for updates.