Musk Vs. Trump: Spending Bill Sparks Political Showdown

The showdown of Musk Vs. Trump has intensified as the US Senate moves closer to voting on Trump’s sweeping tax and immigration proposal. Nicknamed the ‘One Big Beautiful Bill’ the $4.5 trillion package aims to extend Trump’s first-term tax cuts, scale up military funding, and tighten border control– but at a steep cost. The $4.5 trillion proposal is expected to slash welfare programs and balloon the national debt bv over $3 trillion.

Elon Musk, once a presidential advisor under Trump, has now emerged as a sharp critic– warning lawmakers and threatening to unseat supporters in the next primaries.

Musk’s Strong Rebuke: A Call for Accountability

On June 30, 2025, Musk took to social media to voice his outrage, condemning Congress members who campaigned on reducing government spending but then voted in favor of the bill  that would escalate national debt to historic levels.

“Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their hand in shame”, Musk wrote on X. He added a pointed threat “And they will lose their primary next year, if it is the last thing I do on the earth.”

Elon Musk Floats Idea for ‘The American Party’

Musk’s criticism didn’t stop at individual lawmakers. He escalated his rhetoric by announcing the potential formation of a new political party, the American Party, if the bill passes in the Senate.

“If this insane spending bill passes, the American Party will be formed the next day.” Elon declared. Our country is in need of an alternative to the Democratic Republican uniparty so that the people actually have a VOICE.”

Source: X

Trump’s “One Big Beautiful bill”, What a Stake

The OBBB, which has been a cornerstone of Donald's economic and immigration agenda, aims to extend his 2017 tax cuts, boost military spending, and fund mass deportations and border security initiatives.

However, it has become a point of contention among senators, particularly with the upcoming midterm elections looming in 2026.

The proposed legislation is designed to extend Trump’s tax cuts, which amount to $4.5 trillion, but the package would also strip approximately 41 trillion in subsidized healthcare from millions of Americans and significantly increase the national deficit by $3.3 trillion over the next decade. As senators debate, many are split over the potential long-term impact on their re-election prospects, especially gives the bill’s proposed cuts to social programs.

The long Road to Senate Approval

Despite the continuous nature of the bill, Republicans, who hold a slim majority in the Senate, are determined to push the package through before the July 4th Independence day Celebrations. Lawmakers have been locked in a marathon series of votes as part of the votes “vote-a-rama” process, with only 14 votes completed in the first seven hours of deliberation.

Though the bill has faced hurdles in the senate. Trump’s strong control over the Republican Party means is likely to secure approval in the chamber.

However, they will still have to pass through the House of Representatives where it faces opposition from within the Republican ranks.

Musk and Trump: A Social Media Feud Intensifies

The tension between Musk and Trump over the only intensified in recent days. Elon Musk, who served as a President’s advisor till this May 2025, has continuously criticised the proposed legislation, calling it “utterly insane and destructive”, he warned that the bill could lead to people jobless and the strategy may harm the country.

The continuous Feud is going between Musk Vs.Trump is on social media with both men taking jabs at each other online.

When Elon posted a controversial post on X and deleted the post after, that shows a link between Trump and Epstein Files.

What’s Next For the Crypto Market?

The political drama and Elon's aggressive stance surrounding this could have ripple effects on the crypto market.

It gives the investors uncertainty that could be rising debt and fiscal instability may push traditional investors towards decentralisation, like Bitcoin and Ethereum.

Inflation concerns , if increases debts without clear revenue. Regulatory volatility growing rift in Washington might delay or fast-track key crypto regulation depending on who wins political ground.

Musk  Vs. trump influence continues to retail sentiment– has criticism of centralised  control  could boost interest in decentralised assets.

Looking Ahead: The Battle in the House of Representatives

Despite the expected Senate approval, the real challenge for the “One Big Beautiful Bill” aill come in the House of Representatives. There, a small but vocal faction of Republicans have expressed their opposition, threatening to derail Donald's agenda.

As lawmakers continue to navigate the complex and highly polarized debate over, Elon's outspoken criticisms are sure to add fuel to the fire. With both parties eyeing the upcoming 2026 elections, the fate of Trump’s tax and spending  package remains uncertain.