The America party should become an alternative to the two -party system of the Republicans and Democrats. Her launch was followed by the dispute of Ilon Mask with US President Donald Trump regarding the Big Beautiful Bill bill, which was signed last week. This law concerns an increase in state expenses for defense and reducing taxes by almost $ 4 trillion in the next ten years.
Mask, who previously headed the Department of Efficiency of the United States (DOGE) to reduce federal expenses, greatly criticized this legislative initiative, calling it “disgusting”. Trump said that Musk “got off the mind”, adding that the Third Political Party had never achieved success in the United States.
“It comes to bankruptcy of our country due to waste and bribery, while we continue to live in a single-party system, and not in democracy. Therefore, the party “America” was formed to return the freedom to people, ”wrote Ilon Musk.
The American party has already launched its official website. The billionaire and owner of the Dallas Maveritsa basketball club Mark Cuban, as well as the founder of Skybridge Capital, Anthony Scaramucci, are known to her. The new party has not yet been registered in the Federal Election Commission, and Musk has not yet presented a detailed road map with further actions.
Earlier, Musk proposed to transfer transactions of the US Department of Finance to blockchain to ensure transparency of monetary operations and prevent abuse of the state budget. Last year, Musk promised that he would not promote any cryptocurrencies.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.