Overview

• Musk threatened to form the America Party and back primary challenges against Republican senators who support the bill, accusing them of “debt slavery.”
• Trump warned that without government subsidies, Musk’s ventures could collapse and suggested DOGE scrutinize Musk’s companies for wasteful spending.
• The president said he would consider reviewing Musk’s immigration status, hinting at possible deportation.
• The One Big Beautiful Bill would extend Trump-era tax cuts, beef up border security and add over $3 trillion to the deficit as the Senate began voting.
• The clash highlights tensions over fiscal policy, corporate subsidies and the shifting balance of influence between political leaders and tech magnates.