Connect with us

Hi, what are you looking for?

Economy

DeSantis not keen on Musk’s new political party, has another idea for disrupting DC

Florida Gov. Ron DeSantis suggested that business magnate Elon Musk push for balanced budget and congressional term limit amendments to the U.S. Constitution, rather than build a new political party.

Musk, who has been beating the drum about the need to rein in government spending, announced that he is launching a new political party called the America Party. 

‘Backing a candidate for president is not out of the question, but the focus for the next 12 months is on the House and the Senate,’ he noted in a post on X.

DeSantis is not on board with the idea. 

The governor suggested that if Musk funds candidates in competitive Senate and House contests, Democrats will likely win.

But DeSantis acknowledged that the GOP has an issue with people running on spending less, but then failing to do so. ‘There’s a gap between the campaign rhetoric, and then the performance,’ he said.

He explained that he does not believe ‘electing a few better people’ will alter the ‘trajectory’ on the debt issue.

DeSantis said that the ‘incentives’ in D.C. will ‘lead to these outcomes, really, regardless of the outcome of elections at this point,’ asserting that a balanced budget amendment to the Constitution is needed.

Musk ‘would have a monumental impact’ if he got involved, DeSantis said, adding that the U.S. also needs term limits for lawmakers.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    Top House Republicans are leading a bill to reverse the Biden administration’s decision to lift sanctions on a Chinese entity linked to the persecution...

    Editor's Pick

    The rise of Asian fast fashion retailer Shein already has Amazon on alert, but its plans of selling proprietary supply-chain technology and services to...

    Economy

    Minnesota Gov. Tim Walz is facing scrutiny from Republicans over what they say are pro-China remarks, including an interview in which the Democratic vice...

    Economy

    Ahead of a planned trip to China this week, U.S. Secretary of State Antony Blinken is reported to have alleged that Beijing is still...

    Disclaimer: Smartmerchantknow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 smartmerchantknow.com