U.S. President Donald Trump has described Elon Musk’s decision to start a new U.S. political party as "ridiculous".
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Musk announced on Saturday that he is establishing the "America Party" in response to Trump’s tax-cut and spending bill, which Musk said would bankrupt the country.
Trump’s former "first buddy", said his new party would in next year’s midterm elections look to unseat Republican lawmakers in Congress who backed the sweeping measure known as the "big, beautiful bill."
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