Elon Musk Warns America Is Headed for Debt Slavery

Elon Musk is sounding the alarm and Washington’s political class would be wise to listen.

In a blistering series of posts on X, the billionaire entrepreneur torched the latest pork-stuffed spending bill backed by House Republicans and the Biden White House, warning that America is heading toward “debt slavery” if the federal government doesn't slam the brakes on runaway spending.

“This immense level of overspending will drive America into debt slavery!” Musk wrote. He’s referring to the so-called “One Big, Beautiful Bill”, a multi-trillion dollar legislative monster that cleared the House last month and is being championed by President Trump but loaded with costly provisions that even conservatives are starting to question.

And Musk didn’t stop there.

“Interest payments already consume 25% of all government revenue,” he said. “If the massive deficit spending continues, there will only be money for interest payments and nothing else! No social security, no medical, no defense … nothing.”

With the U.S. national debt now soaring past $36 trillion, Musk’s warning is more than just rhetoric. It’s an economic red alert.

Here’s what he’s calling out:

• Ballooning interest payments that are now the second-largest item in the federal budget.

• Deficit spending that has become routine, not emergency-based.

• A culture in Washington where both parties are complicit in kicking the fiscal can down the road with disastrous consequences for younger generations.

Musk’s frustration hit a boiling point on Tuesday:

“I’m sorry, but I just can’t stand it anymore,” he posted. “This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.”

But instead of addressing the warning, the White House brushed it off. Press Secretary Karoline Leavitt smugly told Fox News’ Peter Doocy that “the president already knows where Elon Musk stood on this bill… This is one big, beautiful bill, and he’s stickin’ to it.”

That kind of tone-deaf response is exactly what has Americans fed up with business as usual in D.C.

Let’s face the facts:

• The Congressional Budget Office projects that the federal deficit will exceed $1.9 trillion this year alone.

• By 2034, interest on the debt is projected to surpass all defense spending.

• Federal liabilities per taxpayer now top $270,000, and there’s no sign of slowing.

While Musk is often associated with innovation and the private sector, he’s emerged as one of the few high-profile voices willing to call out both parties for financial lunacy. And he’s absolutely right.

We cannot build a prosperous, secure future on a foundation of chronic borrowing, bloated bureaucracy, and spineless politicians addicted to short-term spending fixes.

America is racing toward a fiscal cliff and the establishment in Washington is arguing about who gets to drive.

It’s time for the American people to demand leadership that puts the brakes on madness before we’re too deep in the hole to climb out.

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