Trump Poll Numbers Slip as Musk Teases Third-Party Bid

President Donald Trump is receiving lower approval ratings in July as compared to mid-June and is nearing record lows for his net approval rating since taking office in January.

What Happened: Trump's signing of the "Big Beautiful Bill," which has received minimal support from voters, is likely the reason for his lower approval ratings this week, along with the potential launch of a new political party by billionaire Elon Musk.

A new Morning Consult poll shows Trump with a 45% approval rating and a 52% disapproval rating. Trump's net approval rating of -7 points is just shy of the -8 net approval rating he had in mid-June

The president's net approval of -8 in mid-June and late April was the lowest he has had since taking office in January 2025.

One Big Beautiful Bill" has not been loved by voters and the poll makes that evident. Among all voters, 37% supported the bill, while 52% opposed it. Among the political parties, 78% of Democrats opposed the bill, while 68% of Republicans supported it.

Among Independent voters, 58% said they opposed the bill, while 27% supported it.

The signing of the bill could put one sector in particular into focus among voters and be worrisome for Trump and the Republican Party.

When Trump took office, his approval rating for handling healthcare was +9, indicating that voters were more likely to approve than disapprove. That completely flipped after the bill was signed, with 41% approving of Trump's handling of healthcare and 50% disapproving. This gives Trump a -9 net rating for handling healthcare, with many questions remaining about cuts to Medicaid and their implications for voters.