Elon Musk's social media fight with President Trump over the budget bill this week threatens to have a larger impact.

Elon Musk called President Trump’s spending bill the “Debt Slavery Bill” on X in June, saying it would raise the debt ceiling by $5 trillion. The debt ceiling sets the legal limit on how much money the federal government can borrow.

Elon Musk is starting his own political party, called the America Party, in response to Congress passing Trump's domestic policy bill. Musk, a former adviser to Trump, left his position in the administration after disagreeing with the president on the 'Big,