Elon Musk and some Democrats, such as Red Hoffman, participate in some common reasons for US debt

At the end of last week, He announced that it is a new political party After the dispute with President Donald Trump on the huge magnitude that is expected to add trillion to the deficit.

“When it comes to bankruptcy of our country with waste and illegal gain, we live in a single party system, not democracy.” Posted on X. “Today, the American Party is formed to return you your freedom.”

He was previously warned “Debt slavery” From the bill of tax spending and criticized her treatment EV and solar tax credits In exchange for oil and gas incentives.

Wednesday, LinkedIn Founder and higher democratic donor Tell Red Hoffman CNBC It is “very sympathetic” with the primary cause of musk in curbing deficit, noting that the cost of paying interest on American debt is one of the largest items in the federal budget.

But it was doubtful in the prospects of the American Party, given the long history of failed attempts to maintain third parties.

Hoffman added: “Therefore, therefore it does not necessarily hit me with the best strategy for that, but I think it is important to try to focus on debt,” Hoffman added.

Also last week, Jared Bernstein, who previously held the position of President of Economic Advisors to President Joe Biden, said, He had a change in the heart when it comes to debt.

in New York Times For example On Wednesday, he admitted that he had a long time ago a pigeon on a budget deficit, and previously argued that financial austerity often harmed more than benefit.

“I am no longer. I, like many other long doves, have joined the hawks, because the math of our nation’s budget has become more dangerous,” Bernstein wrote.

Larry Samers, who held the position of Minister of Treasury in the Clinton Administration and Director of the National Economic Council in the Obama administration, seemed to warn the debts of the United States after the signing of Megabel.

in Interview with ABC News Last Sunday, he said that reducing the deficit during the Clinton presidency led to a virtuous cycle of increasing investment, further economic growth, low interest rates, and even the narrower deficit.

He acknowledged that for a decade after 2010, which included the Obama administration, he had preached that reducing deficit should not be a top priority. But he also believes this time is different.

“Anyone looking at the numbers believes that we had no impotence like this from a distance or the possibility of debts remotely like this – at a moment the economy was strong and we were in peace – any time in our history,” Samarz warned.

But just because Musk, who has emerged as the highest ghost on the left, and some Democrats share debt concerns, this does not mean that they have similar ideas about what to do about the problem.

Before the Trump administration left, the Ministry of Governmental efficiency in Musak sought to reduce federal spending a trillion dollars to reduce the deficit.

In contrast, Samarz said that although the federal government can be more efficient, the United States cannot reach a more sustainable financial path without Large tax increases.

However, the dialogue is another sign of seismic transformations that occur in American policy amid a major debate about New governing principles for the economy In the wake of a broken consensus.

The CEO of Openai Sam Altman alluded July 4 Post on XHe said that the Democrats lost their path and that it is now “without political shelter.” At the same time, his economic vision is offered.

“I believe in technical industrialization,” he wrote. “We must encourage people to make a lot of money and then find ways to distribute wealth on a large scale and share the magic of the compound capitalism. One does not work without the other; you cannot raise the ground and do not raise the ceiling for a very long time.”