Mon Jun 30 23:50:00 UTC 2025: Okay, here’s a summary of the text, followed by a news article based on it:

**Summary:**

Elon Musk is strongly criticizing the “Big Beautiful Bill” (One Big Beautiful Bill) in the US, which he believes increases American debt while reducing social welfare programs. He has threatened to form a new political party, “The America Party,” the day after the bill is approved. Musk accuses lawmakers of betraying their promise to reduce government spending and warns them they should be ashamed to vote for a bill that massively increases the debt ceiling. He argues that America needs an alternative to the Democratic-Republican “Uni-Party” that truly represents the people.

**News Article:**

**Musk Threatens to Form New Party Over “Big Beautiful Bill”**

**WASHINGTON D.C.** – Elon Musk has issued a stark warning to US lawmakers, threatening to form a new political party if the controversial “Big Beautiful Bill” is passed. Musk has repeatedly criticized the bill, arguing that it drastically increases the national debt while cutting essential social programs.

The Tesla CEO took to X (formerly Twitter) to express his outrage, stating that the bill would increase the debt ceiling by a staggering $5 trillion. He accused lawmakers of breaking promises to reduce government spending and betraying the American public.

“If this spending bill passes, I will start ‘The America Party’ the day after,” Musk declared. He believes that America desperately needs an alternative to what he calls the Democratic-Republican “Uni-Party,” a party that would truly represent the voice of the people.

Musk’s opposition to the bill has reportedly caused friction between him and the current administration. The bill recently passed in the Senate, and now faces further hurdles before becoming law. If approved, Musk seems prepared to follow through on his threat, potentially reshaping the American political landscape.

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