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FILE - President-elect Donald Trump poses for a photo with Dana White, Kid Rock and Elon Musk at UFC 309 at Madison Square Garden, Nov. 16, 2024, in New York. (AP Photo/Evan Vucci, File)

Musk ascends as a political force beyond his wealth by tanking budget deal

Elon Musk’s role in taking down a bipartisan budget deal shows his ascendance as a political force

By THOMAS BEAUMONT
Published - Dec 19, 2024, 05:59 PM ET
Last Updated - Dec 19, 2024, 05:59 PM EST

In the first major flex of his influence since Donald Trump was elected, Elon Musk brought to a sudden halt a bipartisan budget proposal by posting constantly on his X megaphone and threatening Republicans with primary challenges.

The social media warnings from the world's wealthiest man preceded Trump's condemnation of a measure negotiated by GOP House Speaker Mike Johnson, which effectively killed the stopgap measure that was designed to prevent a partial shutdown of the federal government.

Washington was scrambled a day after Musk's public pressure campaign. Trump on Thursday first declined to say whether he had confidence in Johnson. But later in the day, Trump praised him and House leaders for producing “a very good Deal,” after they announced a new plan to fund the government and lift the debt ceiling.

Before the new deal was reached, Congressional Democrats mocked their GOP counterparts, with several suggesting Trump had been relegated to vice president.

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