OPINION:
The world’s richest man is annoyed at President Trump. Elon Musk says the recently enacted One Big Beautiful Bill’s excessive spending levels have compelled him to become a political spoiler. He’s forming the America Party as a “moderate” voice for fiscal sanity.
It’s correct to say elected Democrats and many Republicans aren’t serious about putting government on a diet. Talk of reductions always ends in a puff of smoke and mirrors, sending the national debt skyward.
“The Republican Party has a clean sweep of the executive, legislative and judicial branches and still had the nerve to massively increase the size of government, expanding the national debt by a record five trillion dollars,” Mr. Musk wrote on his social media platform, X.
It sounds like he’s right, but, by the Treasury’s spreadsheets, he’s not. When Mr. Trump took the oath of office five months ago, the national debt was $36.2