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Trump Goes All-In on Historic GOP Midterm Convention · The 47 Morning Update with Ben Ferguson

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  Speaker 1: And to do it the rest of the campaign, the
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  Speaker 1: super PAC would have to spend $ 40 million, but the
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  Speaker 1: Tallarico campaign would only need to spend $ 8 million to
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  Speaker 1: reach this, to shout as loud as the super PAC.
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  Speaker 1: The president's PAC needs to spend somewhere between a hundred
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  Speaker 1: and $ 150 million in the remaining six weeks of the campaign,
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  Speaker 1: simply to be on the level playing field with Tallarico,
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  Speaker 1: who has to spend with the lowest unit rate considerably less.
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  Speaker 2: You're listening to the 47 Morning Update with Ben Ferguson.
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  Speaker 3: Good Saturday morning to you. Ben Ferguson with you. And
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  Speaker 3: these are some of the stories that you may have
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  Speaker 3: missed that we talked about this week on the 47
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  Speaker 3: Morning Update.
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  Speaker 4: First up, Donald Trump in.
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  Speaker 3: A Labor Day message says the GOP will win big
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  Speaker 3: in the midterms because the radical left lunatics, communists and
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  Speaker 3: Democrats trying to, quote, ruin America. We'll have the details
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  Speaker 3: of exactly what his plan is. Up next, President Donald
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  Speaker 3: Trump's MAGA Inc. has now poured $ 10 million into Ken
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  Speaker 3: Paxton's Senate race in Texas. What's behind the decision and
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  Speaker 3: what does it mean moving forward? We break that down
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  Speaker 3: as well. Before I get to that, the midterm elections,
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  Speaker 3: they're heating up like we haven't seen in a long time.
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  Speaker 3: Congressional control and President Donald Trump's agenda hang in the
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  Speaker 3: balance and every headline has the potential to shift the odds.
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  Speaker 3: On CalSheet, you can trade major primaries, election outcomes, and
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  Speaker 3: the biggest political stories, literally, as they happen. Now, we
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  Speaker 3: were talking in the show today about Kim Paxton and
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  Speaker 3: the real possibility of defeating Tallarico. Right now, Paxton is
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  Speaker 3: currently trading at 50%, meaning $ 100 trade. would pay out
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  Speaker 3: $ 93 if he beats Tallarico. That is why it's so
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  Speaker 4: It's the 47 Morning Update, and it starts right now.
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  Speaker 2: Story number one.
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  Speaker 3: I tell you what, the Republican convention, it has been
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  Speaker 3: truly incredible. We're going to break it all down for
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  Speaker 3: you right now, since after one in the morning... After
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  Speaker 3: night two of the Republican convention, and it has been
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  Speaker 3: a whirlwind, President Donald Trump made it clear that he
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  Speaker 3: believed we needed a midterm convention to talk to the
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  Speaker 3: American people and to explain to them why life is
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  Speaker 3: better off now with Trump's policies, America first policies, than
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  Speaker 3: what we will have if Democrats regain control of the
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  Speaker 3: House and or the Senate. Now, we know how slim
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  Speaker 3: the margins have been, especially on the Senate side, and
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  Speaker 3: for that matter, on the House side. And Democrats are
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  Speaker 3: betting on many Trump voters staying home on Election Day
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  Speaker 3: this coming November. President Donald Trump predicted on Monday in
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  Speaker 3: his Labor Day message that Republicans will win big in
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  Speaker 3: the critical midterm elections this November. Trump delivering this message,
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  Speaker 3: which he also decided to go after Democrats in a
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  Speaker 3: post on True Social.
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  Speaker 4: Here's what he said.
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  Speaker 3: Quote, Happy Labor Day to all, including the radical left lunatics,
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  Speaker 3: the communists, and the Democrats who will do anything possible
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  Speaker 3: to destroy our country. These deranged people, after fighting for
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  Speaker 3: 10 years, should finally acknowledge that your favorite president, me,
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  Speaker 3: knows how to win. They should be exhausted by now,
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  Speaker 3: but sadly they're not. They're going to give it one
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  Speaker 3: last shot at ruining America. But we're not going to
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  Speaker 3: let that happen. We're going to win the midterms big
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  Speaker 3: and save America. President Donald J.
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  Speaker 1: Trump.
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  Speaker 3: Now, Republicans control the House of Representatives with a 218-214
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  Speaker 3: majority over the Democrats. With one independent, Representative Kevin Kiley,
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  Speaker 3: a Republican from California, well, he defected. Now, in the Senate,
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  Speaker 3: Republicans hold a 53-47 majority when all senators are actually
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  Speaker 3: present and voting. That's the big problem for Donald Trump there. Now,
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  Speaker 3: for a party with a presidency in both chambers in Congress,
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  Speaker 3: it is historically incredibly difficult. to preserve both the congressional
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  Speaker 3: majorities at the midterm elections. Prevailing in the midterms has
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  Speaker 3: only happened twice for a majority party with control of
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  Speaker 3: both chambers and the presidency. It most recently happened back
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  Speaker 3: in 2002, when Republicans expanded their majorities under President George W.
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  Speaker 3: Bush on the heels of the September 11, 2001 terror attacks. Now,
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  Speaker 3: before that, Democrats expanded their majorities in the House and
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  Speaker 3: the Senate under President Franklin Delano Roosevelt.
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  Speaker 4: Back in 1934.
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  Speaker 3: Republicans, by the way, received a positive sign in the
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  Speaker 3: latest Harvard-Harris poll. Among likely voters, 51% said they're more
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  Speaker 3: likely to vote for a Republican than And 49 percent
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  Speaker 3: said they're more likely to vote for a Democrat, giving
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  Speaker 3: the GOP a two percentage point advantage. Now, the survey
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  Speaker 3: goes against broader polling trends showing Democrats with an edge
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  Speaker 3: and the generic congressional ballot. Now, the poll was also
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  Speaker 3: conducted over the last several days. In fact, it was
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  Speaker 3: the 28th of August through the 30th. Now, President Trump's
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  Speaker 3: message and the publication of the poll also comes as Republicans,
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  Speaker 3: as I mentioned, are set to host a first of
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  Speaker 3: its kind Republican convention in the midterms. That will happen
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  Speaker 3: in Dallas, Texas this week. We will be there live,
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  Speaker 3: by the way, each and every day. And as the
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  Speaker 3: Trump line powerhouse super PAC MAGA Inc. has begun spending
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  Speaker 3: by committing $ 10 million as well to the Texas Senate
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  Speaker 3: race between Republican Kim Paxson and the Democrat James Tallarico.
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  Speaker 4: I'm going to have more on that in a moment.
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  Speaker 3: But let me wrap up this first story by saying
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  Speaker 3: it is clear the president's ready to fight. He's ready
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  Speaker 3: to fight hard. He's ready to remind the American people
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  Speaker 3: of exactly why the president's agenda is important. And if
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  Speaker 3: you voted for President Trump's agenda just two years ago,
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  Speaker 3: then it's time to make sure you don't let Democrats
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  Speaker 3: stop it for the next two years. And that's why
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  Speaker 3: this midterm convention clearly is so vitally important.
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  Speaker 4: Next story, number two. There is a massive.
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  Speaker 3: Race in Texas and virtually everyone is talking about in
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  Speaker 3: the political world and almost every political donor has connections
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  Speaker 3: to this race.
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  Speaker 4: The amount of money coming into James.
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  Speaker 3: Tallarico's campaign from outside the state of Texas is historic
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  Speaker 3: and a number in which we've.
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  Speaker 4: Never dreamed of before.
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  Speaker 3: Well, now there are concerns that there's not enough money
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  Speaker 3: going into Ken Paxton's campaign and to his corner and
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  Speaker 3: to advocating for him. Well, President Donald Trump's MAGA Inc.,
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  Speaker 3: the super PAC that he is behind, is putting at
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  Speaker 3: least $ 10 million, we were told over the weekend, behind
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  Speaker 3: the Texas Attorney General Ken Paxton in that race against Tallarico.
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  Speaker 3: A Federal Election Commission filing that was submitted on Saturday
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  Speaker 3: shows the group plans to spend $ 5 million promoting Paxton
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  Speaker 3: and then another $ 5 million directly attacking the record of
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  Speaker 3: James Tallarico. The filing marks MAGA Inc. 's first reported
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  Speaker 3: investment in the fall campaign ahead of the November midterm elections.
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  Speaker 3: And when it comes to taxes, Ken Paxton is the
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  Speaker 3: better choice. And the MAGA War Room put out their
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  Speaker 3: first campaign, well, video. And here's what it sounded like.
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  Speaker 6: James Tallarico voted to make it easier to increase property taxes,
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  Speaker 6: supported a $ 4 trillion tax hike, and Tallarico supports a
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  Speaker 6: radical healthcare plan that could close rural hospitals and cost
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  Speaker 6: thousands in new taxes. Ken Paxton supports tax cuts and
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  Speaker 6: has a plan to let you deduct medical expenses and
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  Speaker 6: the down payment on your home. When it comes to taxes,
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  Speaker 6: Ken Paxton's the better choice. Mega Inc. is responsible for
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  Speaker 6: the content of this advertising.
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  Speaker 3: Now, you can hear there it's pretty clear that MAGA Inc.
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  Speaker 3: is making sure that this election is about the economy.
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  Speaker 3: In fact, the MAGA Inc. spokesperson said Saturday that the
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  Speaker 3: group plans to focus its campaign on Tallarico's tax record
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  Speaker 3: and other policy positions, saying high-tax Tallarico wants to take
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  Speaker 3: money out of Texans' pockets. It's going to ensure, they say,
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  Speaker 3: that Texans know about Tallarico's radical policies and why it's
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  Speaker 3: so important to elect Paxson to the U.S.
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  Speaker 4: Senate.
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  Speaker 3: Now, James Tallarico not only means higher taxes, but here's
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  Speaker 3: the second ad that they're now running.
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  Speaker 4: Tired of paying more in taxes? Ken Paxton pushing his
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  Speaker 4: new plan to make living more affordable for Texans.
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  Speaker 6: Paxton's plan? Doubling the child tax credit. Big write-offs for
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  Speaker 6: medical expenses. And a $ 50, 000 deduction for first-time homebuyers. James
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  Speaker 6: Tallarico supported a trillion-dollar tax hike. Higher property taxes and
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  Speaker 6: higher taxes on Social Security.
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  Speaker 4: Tallarico, higher taxes. Paxton, lower taxes. A clear choice. Mega Inc.
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  Speaker 4: is responsible for the content of this advertising.
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  Speaker 3: It's very clear this race is heating up. Now, before
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  Speaker 3: entering the Texas race, MAGA Inc. only major midterm expenditure
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  Speaker 3: was $ 827, 000 payment benefiting Senator Darlene Graham's campaign in South Carolina.
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  Speaker 3: The group had otherwise spent roughly 18,000 on a midterm
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  Speaker 3: contest this year, following about 1.7 million in spending last year. Now,
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  Speaker 3: it's raised approximately 401 million through the end of the
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  Speaker 3: second quarter. Trump said Friday that the super PAC could
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  Speaker 3: use between 400 and 500 million of its roughly 1
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  Speaker 3: billion in available funds to help Republican candidates vote. quote,
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  Speaker 3: I'm going to spend whatever amount of money is necessary
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  Speaker 3: to try and help us, Trump said to reporters. Paxton,
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  Speaker 3: as you know, is set to face Tallarico in November
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  Speaker 3: after the Democrat defeated Jasmine Crockett, the radical left Democrat,
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  Speaker 3: in the March primary. Paxton secured the Republican nomination after
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  Speaker 3: defeating the incumbent, Senator John Cornyn, in a May runoff. Now,
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  Speaker 3: the Texas contest is expected to be among the races
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  Speaker 3: that could decide control of the Senate.
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  Speaker 4: And as I mentioned earlier, Republicans hold that very thin
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  Speaker 4: majority at 53-47.
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  Speaker 3: So now you know we are getting ready for the
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  Speaker 3: big week this week of the midterm convention. And you'll
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  Speaker 3: understand exactly what the president's focused on. And that is
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  Speaker 3: getting candidates like Ken Paxton across the finish line. And
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  Speaker 3: it's clear he's asking for all of your help, not
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  Speaker 3: just financially, but also getting out and voting.
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  Speaker 2: Thank you for listening to the 47 Morning Update with
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  Speaker 2: Ben Ferguson. Please make sure you hit subscribe wherever you're
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  Speaker 2: listening to this podcast right now. And for more in-depth news,
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  Speaker 2: also subscribe to the Ben Ferguson podcast. And we will
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  Speaker 2: see you back here on Monday morning.