July 7, 2025
Sydney 29

‘America Party is formed’: Elon Musk targets House, Senate seats; aims to sway narrow Congressional votes

A day after asking his followers on X about forming a new political party in the US, Elon Musk announced on Saturday that the “America Party” has been established.“Today, the America Party is formed to give you back your freedom.”Elon Musk’s announcement comes shortly after President Donald Trump signed a tax-cut and spending bill into […]

US Congressional Budget Office’s warning: Trump’s big bill could raise national debt by $2.4 trillion; 10.9 million to lose health insurance

The independent US Congressional Budget Office (CBO) announced on Wednesday that the comprehensive Republican legislation for tax reductions and federal programme cuts would potentially increase the national debt by $2.4 trillion in the next ten years. This analysis, reported by the New York Times, raised concerns about excessive government borrowing under President Donald Trump‘s domestic […]