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President Trump Asked Point Blank About Elon Musk Starting A New Political Party
Forbes Breaking News
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7/8/2025
At a Cabinet meeting on Tuesday, President Trump was asked about Elon Musk starting a new political party.
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00:00
And can I hold up, this is, I think, the first cabinet meeting since Elon Musk has not been a special government employee, not here anymore.
00:06
He's now saying he's going to create a third political party. Are you worried about the impact that that could have?
00:12
No, I think it'll help us. It'll probably help. Third parties have always been good for me. I don't know about Republicans, but for me.
00:19
Are you second-guessing any of the cuts that Doe's made since, are you just arguing that it's off the rails the other day?
00:24
We cut hundreds of billions of dollars with those. We could have done it differently. I would have done it differently a little bit, maybe.
00:31
But it was something that we saved a lot of money. You can always second-guess.
00:38
I guess some of the people in this room maybe would have done it slightly differently, and some would have done it exactly the way it was done.
00:44
But it was dramatic, and it was important, and we found a lot of things like billions of dollars given to people for environmental protection,
00:53
where they had $100 in the account, like in Atlanta, Stacy. And then you had another one with $20 billion here,
01:00
and $20 billion here, and $2 billion here, and $15 billion.
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