U.S Government on the Brink of Bankruptcy! $36 Trillion Debt Crisis & Trump's Spending Cuts
Video Credit: Oneindia - Duration: 03:31s - Published
U.S Government on the Brink of Bankruptcy! $36 Trillion Debt Crisis & Trump's Spending Cuts
Elon Musk has issued a stark warning about the US government's escalating debt crisis, calling the $36 trillion federal debt "terrifying." With the nation on the brink of financial collapse, Musk, who is set to co-chair the new Department of Government Efficiency under President-elect Donald Trump, is pushing for urgent spending cuts.
In this video, we explore Musk's concerns, his call for action on Capitol Hill, and how a potential restructuring of government spending could help avert a national bankruptcy.
#ElonMusk #USDebt #GovernmentSpending #DebtCrisis #BankruptcyWarning #Trump #FederalDebt #EconomicCollapse #FinancialCrisis #SpendingCuts #DOGE #VivekRamaswamy #USPolitics #EconomicReform #MuskWarns
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Elon Musk Predicts Singaporeās Doom: Whatās Fueling Asiaās Baby Bust?
In a dramatic Independence Day twist, Elon Musk hinted at launching a new third political party in the United States, directly challenging Donald Trumpās influence over the Republican base. Speaking during a July 4 livestream, Musk criticized both major parties as corrupt and incapable of solving Americaās problems, declaring the need for āfresh leadershipā rooted in technology and transparency.
#MuskNewParty #ElonMuskNewParty #MuskPoliticalParty #NewThirdPartyUSA #ElonMuskAmericaParty #MuskVsTrump #ElonMuskNews #TeslaBossNewParty #MuskPartyLaunch #ElonMuskPolitics #AmericaParty #Musk2028 #MuskDisruptsPolitics #ElonMuskMovement #MuskChallengeTrump #ElonMuskUpdates #MuskParty2025 #NewPoliticalPartyUSA #ElonMuskTwitter #MuskElectionRun
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A political firestorm has erupted after Elon Musk publicly declared his support for Rep. Thomas Massie, a Republican from Kentucky who has drawn the ire of Donald Trump. Massie, known for opposing Trumpās One Big Beautiful Bill and calling out recent Iran strikes as unconstitutional, now finds himself targeted by Trump in a fiery GOP primary feud.
Trump labeled Massie a āpathetic loserā and vowed to campaign hard against him. However, Muskās financial support and vocal backing on X could change the game. Former Rep. Justin Amash and grassroots conservatives have also rallied behind Massie, portraying him as a principled fiscal conservative resisting bloated spending. With nearly $309K raised in just a week, Massieās campaign gains momentum amid the MAGA-driven backlash. The battle now highlights a deeper rift in the Republican Party ā between loyalty to Trump and commitment to independent conservative values.
#ElonMusk #TrumpVsMassie #GOPCivilWar #ThomasMassie #BigBeautifulBill #RepublicanPrimary #TrumpAttack #FiscalConservative #GOP2025 #USPolitics #CongressNews #ElonX #MAGA #GOPDrama #Massie2025 #RepublicanFeud #JustinAmash #TrumpTruthSocial #PrimaryBattle #SwampWars
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A massive new tax and spending bill, championed by Donald Trump as his "big, beautiful bill," has cleared major congressional hurdles and is now facing a final, contentious vote. The legislation proposes a sweeping overhaul of the US economy, extending Trump's 2017 tax cuts while significantly boosting defense and energy spending and allocating new funds for border security. This move has ignited a political firestorm in Washington D.C., creating deep divisions not only between parties but within the Republican ranks and even straining Trump's relationship with high-profile supporters like Elon Musk.
The funding for this ambitious bill is at the heart of the controversy. The Republican proposal outlines deep cuts to essential social safety nets, including Medicaid, the Supplemental Nutrition Assistance Program (SNAP), and other low-income assistance programs. According to the Congressional Budget Office, these changes could result in nearly 12 million Americans losing their health coverage. The bill also introduces new work requirements for childless, able-bodied adults to receive Medicaid and SNAP benefits.
The financial implications are staggering. The bill is projected to add an estimated $3.3 trillion to the national debt over the next decade, a figure that has caused alarm and division among fiscal conservatives in the GOP. Social Democrats like Bernie Sanders have fiercely condemned the bill, labeling it a "handout to Trumpās rich allies." In a tense Senate session, Vice President JD Vance had to cast a tie-breaking vote to advance the legislation.
Despite the backlash, the bill contains provisions aimed at working-class voters, such as eliminating federal taxes on tips and overtime pay. However, House Democrats have blasted the legislation as a "reckless, regressive GOP tax scam" ahead of the crucial midterm elections. As the final vote looms, Trump has urged Republican lawmakers to "stay united" and pass the bill, which also includes a provision to raise the debt ceiling by $5 trillion.
#DonaldTrump
#USTaxBill
#USPolitics
#ElonMusk
#BreakingNews
#OneindiaNews
#Americanews
#Republicans
#Democrats
#BernieSanders
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Trump has declared that Iranās nuclear program is ādeadā following a series of military strikes targeting uranium enrichment sites. Speaking at a packed rally, Trump vowed that Tehran would never be allowed to restart its nuclear ambitions under any circumstances. The remarks come amid rising tensions in the Middle East, with Iranian officials promising retaliation.
#IranNuclearProgram #TrumpIran #IranNuclear #NuclearDeal #IranNuclearSites #TrumpStrikesIran #IranNuclearWeapons #TrumpIranTensions #IranUranium #IranNuclearCrisis #IranNuclearAttack #TrumpBombsIran #IranNuclearFacilities #IranNuclearThreat #TrumpVsIran #IranNuclearSitesBombed #NuclearShowdown #TrumpIsraelIran #IranUraniumStockpile #NuclearSites
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President Donald Trump is set to send ātake-it-or-leave-itā tariff warning letters to 12 nations as trade talks stall and a July 9 deadline looms. The White House confirms tariffs could rise to as high as 70% if no deals are reached. With only the UK and Vietnam finalizing limited agreements, Trump is abandoning talks in favor of direct ultimatums. Allies are stunned, and global markets brace for a trade shock that could disrupt supply chains and trigger economic retaliation.
#Trump #TradeWar #Tariffs #GlobalEconomy #DonaldTrump #USTradePolicy #BreakingNews #WhiteHouse #TariffThreat #TrumpUltimatum #70PercentTariffs #TradeNegotiations #EconomyAlert #SupplyChainCrisis #GlobalTrade #TrumpLetters #July9Deadline #HardlinePolicy #USAllies #TradeRetaliation #UKTradeDeal #VietnamTradeDeal #TariffEscalation #TrumpTradeDeal #AmericaFirst #AgricultureTrade #NonTariffBarriers
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