Elon Musk just took another swing at Washington’s political establishment, launching a blistering attack against President Donald Trump’s megabill and calling for the formation of a new political party to challenge what he calls a broken system.
According to The Hill, Musk denounced the $5 trillion Senate reconciliation bill as “insane spending” and labeled the current U.S. political landscape a “one-party country — the PORKY PIG PARTY!!” The billionaire tech mogul, who owns X, said it's time for a party “that actually cares about the people.”
The bill, which would raise the debt ceiling by a record amount, is projected by the Congressional Budget Office to add $3.3 trillion to the federal deficit over the next decade. Despite being touted by Trump as a “big, beautiful bill,” the legislation has drawn criticism from some fiscal conservatives — and now, Musk.
Once the head of Trump’s Department of Government Efficiency (DOGE), Musk had championed deep spending cuts and bureaucratic reform. But since stepping away from the administration last month, he’s made clear that he views the megabill as a betrayal of those goals.
In multiple posts on X, Musk called the bill “utterly insane” and “political suicide” for the Republican Party. He claimed the legislation not only undoes DOGE’s efforts but also exposes the GOP’s willingness to embrace massive spending increases.
Musk also singled out members of the House Freedom Caucus, notably Chair Andy Harris (R-Md.) and Rep. Chip Roy (R-Texas), saying, “How can you call yourself the Freedom Caucus if you vote for a DEBT SLAVERY bill?” His criticism sparked immediate backlash from Republican loyalists.
Musk’s condemnation of the bill has reignited speculation about his third-party ambitions. Earlier this month, he launched a poll on X asking whether Americans would support a new political party, proposing the name “The America Party.”
He pitched the party as a voice for “the 80% in the middle,” suggesting it would offer an escape from the polarized politics of Democrats and Republicans. The post quickly gained traction among centrists and independents, though some critics dismissed it as a vanity project.
Political analysts say Musk’s idea could tap into voter discontent, but note that third-party efforts historically struggle to gain national traction. Without formal infrastructure or policy backing, many see “The America Party” as more concept than movement — for now.
Meanwhile, Senate Republicans are engaged in a marathon “vote-a-rama” to push the reconciliation bill toward final passage. The White House has set a Friday deadline to get the legislation to Trump’s desk, framing it as essential for national growth.
The Senate version of the bill would raise the debt ceiling by $5 trillion — nearly $1 trillion more than the version passed by the House. That difference, along with the total deficit increase, has drawn scrutiny from budget watchdogs.
Despite Musk’s criticism, most Republicans are standing by the bill. They argue it delivers key investments in defense, infrastructure, and tax reform. Still, some lawmakers are privately concerned about the long-term fiscal impact and political fallout.
Elon Musk’s public opposition to Trump’s megabill — and his revival of third-party ambitions — could significantly disrupt the 2026 political landscape. No longer inside the White House, he’s positioning himself as an independent power player with a massive platform.
By attacking the GOP’s fiscal stance and promoting “The America Party,” Musk could draw support from disillusioned voters across the spectrum. Whether that translates into real political movement or remains a social media storm remains to be seen.
As the Senate races toward a critical vote and Musk doubles down on his criticism, the battle lines are shifting. Trump may get his legislation passed, but the growing divide with Musk could fracture conservative unity heading into the next election cycle.
