Elon Musk Dares Trump, Forms New Political Party
By Yadnom Awu/ Asaba
The world ‘ s richest man, Elon Musk, has given flesh to his threat to dare his former buddy and President, Donald Trump, by forming a new political party.
Musk had threatened that he would float the new party once the American Congress and Senate okayed the tax reform bill of the Trump Presidency.
That bill, which Trump jocularly calls the Big Beautiful Bill, has since been signed into law by the President after both chambers of the American legislature, narrowly passed it.
Following the development, Musk announced today that he had floated a new party he called the American Party.
Details of the new party regarding its structure and other essences remained sketchy at press time tonight, but it is expected that Musk would unfold details relating to it early next week.
The billionaire, who spent around $250million ( about N40trillion ) in support of the presidential campaign of Trump, had described the bill as insane, and vowed that he would either fund candidates vying against Republicans in the midterm.polls of next year, or float an entirely new party to give ordinary Americans the party that truly represents them.
He had consistently tagged America ‘s two parties- the Democratic Party and the Republican Party, the last on which ticket was elected President and which has majority members in both chambers of the country ‘s legislature- as unrepresentative of ordinary Americans.
President Trump had yet to respond to the Musk challenge , but had threatened to deport him, should he proceed to give flesh to his threat.
Musk is originally from South Africa.
The tax reform law of Trump seems to massively cut public expenditure, reduce public expenditure on social welfare and enhance the funding of military and security engagements.
Experts warn that it could increase America’s budget deficit by as much as $3.3 trillion( about N5.1quadrillion ) in the next 10 years.
