<ul data-eligibleForWebStory="true"><li>Elon Musk has criticized the U.S. president’s proposed tax cuts bill, calling it a 'disgusting abomination.'</li><li>Musk hinted at launching a new political party to address what he sees as reckless fiscal policies and bipartisan dysfunction.</li><li>His dissatisfaction with the bill led to labeling the current political system as the 'PORKY PIG PARTY.'</li><li>Musk's support for Thomas Massie, a congressman known for his fiscal conservatism, has fueled speculation about a potential presidential bid in 2028.</li></ul>

Elon Musk New Political Party To ‘Obliterate Republicans:’ What You Need to Know

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