The relationship between President Trump and Elon Musk deteriorated sharply as Musk condemned Trump's spending bill, dubbing it the "Big Ugly Bill" that risks a $2.5 trillion deficit. Musk highlighted Trump's past statements on debt ceiling hypocrisy while charging him with ingratitude for Musk's financial contributions to his campaign. As tensions grew, Musk proposed a new political party aiming to represent the centrist majority, gathering significant support in a Twitter poll. Trump's response via Truth Social indicated a personal rift, claiming he had asked Musk to leave his administration.
Musk criticized Trump's spending bill, suggesting it will lead to a historic deficit, calling it "The Big Ugly Bill" and promoting smaller, more efficient legislation.
Musk accused Trump of hypocrisy, citing past tweets where Trump expressed embarrassment over debt extension, contrasting it with his current stance.
Musk labeled Trump as ungrateful, asserting that the president's success hinges on Musk's financial support and arguing for a new political party.
In a poll Musk conducted, over 80% of participants supported his idea of forming a new political party to represent the moderate majority.
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