
Building Americaās Future (BAF), a political action committee (PAC) backed by billionaire Elon Musk, is dishing out over $1 million to promote the passage of the presidentās āOne Big Beautiful Bill Actā which Musk had prominently denounced, Politico reported Monday.
The groupās ad, titled āIndependence,ā will debut Monday on Fox News and will celebrate President Donald Trump signing his signature megabillĀ into law on July 4, according to Politico. Musk has notably donatedhefty sums of money to BAF in the past.
āThis Independence Day, President Trump and Congress made the working family tax cuts law,ā the ad will say, according to Politico. āFreeing Americans from taxes on their tips and overtime, doubling the child tax credit, and cutting taxes for seniors. Republicans know that our country is better off when working families keep more of what they earn. Now, they will.ā
Musk had previously blasted Trumpās massive tax and immigration bill as āoutrageousā and a ādisgusting abomination.ā In June, MuskĀ also vowed to fund primary challengers against Republican lawmakers who voted in favor of the bill.
Additionally, Musk announced on July 5 that he was formingĀ a new political party, called the āAmerica Party,ā following Trumpās signature spending bill being signed into law. Trump told reporters on July 6 he thinks that Muskās proposition was āridiculous,ā adding thatĀ āstarting a third party just adds to the confusion.ā
āPresident Trump, Leader John Thune, and Speaker Mike Johnson all showed tremendous strength and vision to get historic tax cuts for working families across the finish line this summer, and their remarkable achievement will put America on a path to prosperity for years to come,ā Generra Peck, senior advisor to BAF, told Politico. āAt Building Americaās Future, we could not be more proud to stand with an administration and GOP Congress that is truly building a brighter future for America.ā
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