Elon Musk Launches the America Party, Breaks with Trump over U.S. Fiscal Crisis
Elon Musk launches the America Party and distances himself from Donald Trump, criticizing a fiscal policy that he claims will bankrupt the U.S. and calling for a new political force to challenge the bipartisan establishment.
Musk’s new political party targets strategic congressional seats, as he clashes with Trump over a fiscal agenda that cuts social programs and increases military spending. Photo: @EFEnoticias
July 6, 2025 Hour: 2:41 am
Elon Musk has launched the America Party, a new political movement aimed at disrupting the U.S. bipartisan establishment. The move marks a decisive break with former President Donald Trump, as tensions mount over a controversial fiscal law that Musk says will drive the country into bankruptcy.
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Billionaire entrepreneur Elon Musk announced on Saturday the formation of the America Party, a new political initiative positioned as an alternative to what he describes as a “one-party system” in the United States. The declaration follows his sharp criticism of a multitrillion-dollar tax and spending bill signed by Donald Trump, a former ally, just one day earlier.
“Today, the America Party is formed to give you your freedom,” Musk wrote on X, the social media platform he owns. “When it comes to bankrupting our country with waste and graft, we live in a one-party system, not a democracy.”
The Big Beautiful Bill, as Trump calls it, significantly boosts federal spending on border security and defense while enacting deep cuts to social programs like Medicaid, food assistance, and clean energy subsidies — measures Musk has denounced as reckless. “Raising the deficit from an already insane $2 trillion under Biden to $2.5 trillion now will bankrupt the country,” he stated.
In response, Musk outlined a tactical plan: to secure just two or three seats in the Senate and eight to ten in the House of Representatives during the 2026 midterm elections. “Given razor-thin margins, that would be enough to hold the decisive vote on key legislation, ensuring it reflects the true will of the people,” he said.
He likened the strategy to a historical military maneuver: “We’re going to crack the uniparty system using a variant of how Epaminondas shattered the myth of Spartan invincibility at Leuctra — extremely concentrated force at a precise point on the battlefield.”
Musk first floated the idea after polling his followers on X. More than 1.2 million users participated, with 65% supporting the creation of a new political party. “By a factor of 2 to 1, you want a new political party — and you shall have it,” he declared.
Tensions between Musk and Trump have escalated sharply since May, when Musk resigned from his position as head of the White House Office of Government Efficiency. In retaliation, Trump mocked Musk’s origins, saying that without federal subsidies, he “would have to return to South Africa.” Musk holds both South African and U.S. citizenship.
The 2026 midterm elections will see all 435 seats in the House of Representatives and 33 of 100 Senate seats up for grabs, offering limited but strategic opportunities for outside actors to gain influence in a deeply polarized system.
Despite Musk’s personal wealth and vast platform, legal experts warn that establishing a viable national party in the U.S. faces steep institutional hurdles. Each state has its own rules for recognizing political parties — from petition signature thresholds to vote share requirements — making the process lengthy and complex. “Building a national party could take years,” said Brett Kappel, an election law attorney consulted by CBS News.
Musk’s economic interests also underpin the political rift. Trump’s bill removes support for sectors aligned with Musk’s ventures, particularly in renewable energy, while redirecting funds toward militarized infrastructure — a shift that reflects deeper ideological divergence.
Musk’s break from Trump and the creation of the America Party injects fresh volatility into the U.S. political landscape. Whether the initiative can erode the power of the long-standing two-party system or trigger a broader realignment remains uncertain — but the challenge to elite consensus has already begun.
Author: MK
Source: HispanTV _ EFE