Are President Donald Trump and MAGA Republicans publicly signaling that they plan to interfere in—and potentially rig—the 2026 midterm elections? If so, why is the media not taking the threat seriously? In this episode of Inequality Watch, Taya Graham and Stephen Janis investigate the connections between wealth inequality, political power, ICE funding, the influence of Super PACs on elections, and growing concerns about democratic accountability in Trump’s America.
Transcript
The following rushed transcript may contain errors. It will be updated as soon as possible.
Taya Graham:
Could President Trump and his MAGA Congress be planning to interfere with the upcoming midterm elections? Well, we have some evidence that might surprise you, which we will unpack on this episode of the Capitol Hill React Report. Hello, this is Taya Graham, myself, along with my reporting partner, Steven Janice, our Capitol Hill correspondence for the Real News Network. We report regularly on what’s happening in the nation’s Capitol, but with a twist. We examine the process of governance through the prism of the most powerful force in today’s politics, economic inequality. Now, before you say, tell you that seems sort of limited. Just let me explain a little bit before we get to the first video. Economic inequality is at its highest point in recent history. Just take a look at the latest report that showed American workers’ share of the economy has fallen to its lowest level since 1947.
That’s right. In 2025, the share of the economy that went to the people who actually make it run was 54% a historic low. Okay. So why is this context essential for reporting on politics? Well, because all that wealth accumulating in fewer and fewer hands translates into concentrated power and that power now flows into our elections in the form of cash. Cash, which translates into victories at the ballot box for the purveyors of an increasingly extractive economy, insulating it from ballot box accountability, which ultimately means that you can’t understand politics on Capitol Hill unless you comprehend what currently defines it, namely the rich getting richer. Stephen, how am I doing?
Stephen Janis:
So you’re doing great. I mean, one of the things we have to think about is we got to look at democracy as a whole here functioning through this prism of inequality. The idea of democracy that delivers a certain amount of freedom to the people who are part of it. Now, freedom is a limited resource. So as people get richer and richer, they hoard that freedom. And so there’s less freedom to go around. Freedom to do what you want, freedom to educate yourself, freedom to live where you want. All those things sort of translate into the affordability crisis we’re seeing now, which means that there’s less freedom for the working people and more and more freedom for the richest 1% and more and more freedom to control how we live. And that’s why we have this sort of crisis on Capitol Hill and that’s how we have to view what goes on on Capitol Hill.
Taya Graham:
Stephen, that is such a great point and brings us right back to the topic at hand. The incredibly tense state of American elections and why wealth inequality will play a key role in that autocratic calculus. So first, let’s be honest, Steven, the mainstream media has, in my opinion, been misreading Trump, specifically his pronouncements that he doesn’t care about gas prices or the quagmire in Iran. Let’s listen to him talk about it and then discuss. When you’re negotiating with Iran, Mr. President, to what extent are American financial situations motivating you to make it?
Donald Trump:
Not even a little bit. The only thing that matters when I’m talking about Iran, they can’t have a nuclear weapon. I don’t think about American financial situation. I don’t think about anybody. I think about one thing. We cannot let Iran have a nuclear weapon. That’s all. That’s the only thing that motivated.
Taya Graham:
Okay. So the interpretation from the TV pundits has been that President Trump is just inexplicably tone deaf or detached or just disinterested, but we think Trump is telegraphing something much more insidious. So Steven, let me ask you a question after watching this video. Is Trump just really disengaged as the mainstream media says, or as they say he’s unhinged, or is there something else a little more troubling going on here?
Stephen Janis:
Well, Ted, this is one of many clips where Trump has kind of downplayed midterm elections or voters concerns or gas prices or whatever. He does it consistently. And of course it would be suicide for a politician in a functioning democracy to say something like that, right? Because this would directly affect how people vote. I really think for some reason gas prices, well, I kind of understand that gas prices are one of the biggest motivators for people when it comes to elections. And so it would be suicide, but what he’s really trying to say is, “I’m not worried about the midterms because I got this locked out. ” And look at what happened in the last presidential election. He tried to overturn it with a lost, but he wasn’t really prepared. He has been preparing for two years now to be able to interfere with the elections.
He subpoenaed ballots all over the country, including Fulton County and Georgia. He has set up this election integrity system run by a person who actually denied the 2020 election. He has increased the funding for ICE and Border Patrol, which we’ll talk about later. He has just simply put people in place who will be able to do what he needs to do. The Justice Department itself does whatever he wants. They’ll prosecute anybody. Very true. So they will certainly be willing to weigh in on this. He is prepared. He’s declared emergencies in so many situations. He is prepared and he is trying to say, “I’m not worried about it because no matter what happens, I’m going to make sure that I come out on top.” And I think that’s what we’re missing here. When he says he’s disinterested, what he’s saying is, “I’ve got this in the bag.”
Taya Graham:
Steven, I think you put your finger right on it here. The real danger here isn’t just what Trump is saying, but the fact that everyone keeps dismissing it. And you know what Trump hasn’t even ruled out paying the people who stormed the Capitol and those who tried to halt the counting of the electoral votes in 2020, despite the fact that his administration said the fund is dead, he was literally just quoted as saying, “I think they should be reimbursed by a crooked government.” Now, his remarks regarding the controversial $1.7 billion weaponization fund bolster, I think the case that he believes he can alter the midterm outcome. It would’ve set aside money for people who believe they were unjustly prosecuted, namely the Jan six insurrectionists. I mean, critics say if Trump has his way, he will literally be able to assemble a pratorian guard to disrupt the elections.
And I’m alluding to the elite core of Roman military officers who guarded the emperor, but who eventually just took power themselves. Steven, what does it mean if he gets his way?
Stephen Janis:
Well, what it means is because ways he has what you need the first … The most important element of any sort of autocratic takeover is having the money to pay people and having the freedom to pay people any way you want. Now this $1.7 billion fund would be an easy way just to dole out cash to people who had done his bidding before. Now he has other ways of doing this that we’ll talk about. But the main thing is it gives them the power of the purse in a way that’s totally up to his discretion and the Justice Department, which is an extension of him. Now what’s interesting about it is I don’t really think they need a fund. Those J6 is going to just sue and then Trump can approve the payouts. That’s right. So he’ll get it one way or another. But the point is he wants to signal to the people, “Hey, if you help interfere with an election, I will pay for it and I’ll reward you because these settlements could be huge.
$1.7 billion is a lot of money.” Sure is. So I think that’s what he’s trying to telegraph is saying, “Help me out with this and you’ll get paid.”
Taya Graham:
Steven, that is not only spot on, but it’s actually really scary. But what’s even more concerning to me is how much this election interference plan is hiding in plain sight with little or no pushback because he can’t do this alone. He needs help from his ever loyal contingent in Congress. And for the most part, they are in lockstep with Trump. And that was more than evident when the MAGA Congress started to plot a strategy to get more money to ice customs and border patrol for purposes that we’re going to touch on a litle bit later. Now their plan was to use a tactic called reconciliation, which allows legislation to bypass the filibuster provided it has significant fiscal impact on federal spending. Now, this was an unprecedented power grab because the funding bill was intended to provide routine annual appropriations and that’s a measure that is usually passed with bipartisan support, which brings me to an interesting encounter we had on Capitol Hill with Republican Congressman Mike Lawler, who didn’t seem to want to answer our question when we asked why ICE and CBP needed an additional $70 billion in funding, but his reluctance is also revealing.
Let’s take a listen to what happened.
Rep. Mike Lawler:
Fuck that up.
Stephen Janis:
Congressman, why does ICE need an additional $75 billion? Why is that funding? How do you justify that to the American people who now are suffering with high gas prices and things like that? Why is that even more money?
Rep. Mike Lawler:
Well, that’s the cost of funding the department. Are you for abolishing ICE?
Stephen Janis:
I’m just asking the question. They already have $14.
Rep. Mike Lawler:
Well, you understand that that is the- I’m not
Stephen Janis:
For against anything.
Rep. Mike Lawler:
You understand that’s the appropriated amount, right? Yes. That’s been appropriated.
Stephen Janis:
Of course, but I’m asking
Rep. Mike Lawler:
Questions. So the reason additional funds, that’s the base budget for ICE and CBP, right? You understand that?
Stephen Janis:
I do.
Rep. Mike Lawler:
Okay. So the additional funds that came through the Working Family’s tax cut bill were to increase border security. Why? Because Joe Biden let in 10 and a half million people into the country.
Taya Graham:
Okay. Steven, just for the record, are you for abolishing ICE? Because you didn’t answer the congressman’s question.
Stephen Janis:
Yeah. I’m for abolishing politicians to be able to answer a question with a question and evade answering the question I ask. I’m for abolishing that. But one thing I want to just say before we move on is that his sort of argument that that’s the appropriate amount for ICE is actually wildly inaccurate. I look back into the ICE funding and what ICE and CPB have been spending roughly eight to $10 billion a year. They already have $140 billion. This is not an appropriate amount for anything. That’s an absolute freaking lie. ICE and CBT do not need that much money. This is excess cash. Taxpayer cash, your taxpayer dollars that are simply being spent without accountability. I think there’s a reason for that we’ll talk about in a second, but really he was just FOS on that. And I just want to point that out because it really was infuriating.
I was trying to get his answer, but I couldn’t sit there and get into an argument with him about what he was saying was actually patently false.
Taya Graham:
Personally, when a politician answers a question with a question, in my opinion, that is a sign they don’t have an answer or they have an answer, they don’t want the public to know. And he
Stephen Janis:
Definitely didn’t have an answer in this point. So good point, Teo.
Taya Graham:
Thank you. But I mean, the question you were asking was not insignificant. I mean, in fact, it was a really big piece of the puzzle, led us to think that the threats to the midterm elections are widely underestimated. Now, the crux of the matter is funding. Now what you asked is why Republicans want to give ICE, customs, and Border Patrol another $70 billion. And what makes this so unusual is that the big beautiful bill dropped roughly $140 billion on both agencies just last year. But with ICE and CBP spending at best $20 billion annually, it begs the question, why so much? What is it really for? And Steven, you have a theory about this. Tell me about it.
Stephen Janis:
Well, I think the thing you have to think about is that they’re moving towards a more autocratic form of government. Autocracies and democracies have different incentives, basically, different incentive systems. Technically speaking, a democracy wants to award beneficial policy for constituents. So to get elected, you got to do stuff that people like. Autocracies don’t work that way. They need to punish people who might push back. They need to crush dissent and that’s through a system of incentivization of punishment. And so in my opinion, this money, which can, I guess when you add up $210 billion for a law enforcement agency is about constructing a great American punishment regime to prepare Americans for a more autocratic government.
When I looked into the records and tried to figure out how much money does ICE and CPP still have on the books, it’s really hard to figure out because the federal government really isn’t oriented towards reporting on multifiscal year cycles about how much money they have. But I looked, I found at least $73 billion that had been unallocated so far. And that’s after they’ve already built all these warehouses, these prisons where they’re incarcerating people. So they literally have what would be for those agencies unlimited funding. And unlimited funding for law enforcement gives you a way to institute punishment throughout all levels of governance. I mean, those detention centers can be used to detain people for a variety of reasons. They’ve already detained Americans. They’ll detain more. Having an unlimited amount of money to swarm CPB and swarm ICE into cities gives you this ability to do what Trump did in Minneapolis, Los Angeles, Chicago.
And when these elections come and when Trump is trying to say, Hey, they weren’t fair, they’re going to need these guys and women to come into cities and to try to disrupt the people who will be pushing back or to seize ballot box. I really think this excess money is insulating both institutions and that’s for a reason to create a punishment regime that will be reflective of the autocratic values that the Trump administration is espousing through their policy choices.
Taya Graham:
Steven, you did the classic thing every reporter should do and actually anyone watching should do, which is follow the money. You follow the money, you figure out what’s really going on. So let me just ask you a question about this. I was thinking back to the first time it really hit home with us that something was afoot with regard to democracy during the shutdown last year. So last year, Democrats wanted to extend the Obamacare tax credits and Republicans refused. But what struck me at the time was how the majority party approached the entire conflict. They simply shut down Congress. They simply stopped town halls and talking to their constituents. No debate, no work, just silence. And of course, all of that was just to deny people healthcare. And that seems like a pretty anti-Democratic strategy. So how does it play into that theme you’re talking about, about the punishment regime theme?
What do you think?
Stephen Janis:
Well, the thing is if you shut it down, you’re kind of punishing people because you’re taking away the deliberative legislative body that’s supposed to represent their interests where you are supposed to hash these things out and figure out how to get people healthcare. So what you’re saying is, we don’t care. You don’t have healthcare, you’re being punished. We’re going to punish you by not doing anything and showing you that we don’t have to do anything and disengaging from our constituents. And so I think it’s a big part of that. I mean, a functioning legislative body should be an accountability mechanism to make sure things like ICE and CBP don’t get out of control. But now when they shut it down and turn it into this absolute desert of democracy, well, then you don’t have a limited legislative body to represent you. Without representation, you’re done.
I mean, what people don’t understand, and I think you’ve talked about this really, really well, is that democracy is a culture that infiltrates all levels of government governance. When you change that to a punishment regime, to an autocratic culture, everything changes.Your ability as a constituent and to vote and to have some impact and some say in how you live diminishes quite quickly. And I think that’s what we’re seeing here.
Taya Graham:
Steven, that’s a really, really good point. And you touched on constituents actually having a voice and this is something we caught at a press conference where that idea that you’re touching on right there was absolutely front and center. Now it was an announcement by Senator Bernie Sanders and Representative Summer Lee to announce a bill that would shut down super PACS. Now Super PACS are of course the campaign behemoths that can spend unlimited amounts of money basically to buy elections. Super PACS are like the corporate love child of Citizens United, that famous decision that allowed corporations to also spend unlimited amounts on electing people to subject us the working class to the extractive tendencies of our current economy. Now this union between them was so fruitful that it gave birth to political organizations with unlimited spending power and an insatiable appetite for television ads, digital marketing, robocalls, and anyone who’s willing to rent out a swing state’s airwaves.
Now, Sanders and Lee basically want to undo all that with a limit on how much Super PACS can raise. Their bill with limit contributions to $5,000 per individual or corporation, essentially disabling the Super PAC system that allowed Elon Musk to dump $280 million over a quarter of a billion dollars into President Trump’s campaign, which resulted in the mess that we’re currently living with. But I asked Senator Sanders a question and he had an interesting answer. Let’s take a listen and you can react on the other side.
Sen. Bernie Sanders:
I don’t want people to think this is just another issue. What somebody said is right. It is the most important issue. If we are the only major country on earth not to guarantee healthcare at all, why is that? You think it may have something to do with the power of the pharmaceutical industry and the insurance companies who spend zillions of dollars making sure we don’t move to a Medicare for all system? Do you think the fact that we have a starvation minimum wage has something to do with the fact that a lot of these corporations and business people don’t want to pay their workers a living wage, don’t want workers to join unions. The point here, this is not another issue. This is an issue that touches every bloody issue facing working people in this country.
Taya Graham:
Okay. Steven, I really want to hear your thoughts here. Is Senator Sanders connecting the right dots?
Stephen Janis:
Yeah, absolutely. Because money, cash, power, adulterates, democracy. And the way you adulterate it is to be able to deliver, to allow people who have the concentrated wealth to throw it all into the election. Now the whole idea of campaign laws is to limit influence of one individual or corporation. You can only donate so much no matter how rich you are. Now with super PACS, you can put everything you have into it if you want and that gives you disproportionate power and that creates an inequality basis for elections. So absolutely. And I want to point out one thing. You were the one who asked the question that set off that answer and I think it’s really vitally important because Sanders is connecting the dots. You can’t afford housing. Look at the super PAC. You can’t afford healthcare super PACs. All these super PACs create disproportionate influence for the smallest number of people possible.
It turns an election into really a choice of the oligarchy to decide who’s going to be in power and what policies they will implement. So it was a great answer and it’s absolutely spot on.
Taya Graham:
Steven, I asked the question because I felt like sometimes we, meaning journalists, don’t really connect the dots. And as we’ve discussed, as you’ve said, the great American punishment regime is a product of President Trump’s desire to diminish democracy, but it’s a political transformation that wouldn’t be happening if the system itself hadn’t failed to deliver for the majority of people who live under it. So what Sanders did is make the connection between big money and bad economics palpable and easy to see. He cut through the noise and made the argument that the wealth imbalance and the cash hoarding that it enables is cycled back into elections and fines forms and things like the affordability crisis or the housing shortage and of course our unresponsive and overly expensive healthcare system. These connections are crucial if political mechanisms like super PACS are both to be understood and mitigated.
If you don’t connect the accumulation of obscene wealth with the fact that you can’t pay your monthly utility bill, then it will be nearly impossible to sustain a movement to reform all of this. So Steven, how does Sanders and Lee’s idea fit into your theory of a punishment regime?
Stephen Janis:
Well, I want to say one thing first though before I answer that question, because it’s a great question, but I want to say this, I want to be the boy who cried wolf here. I am not saying this to be some sort of paranoid conspiracy theorist. I just see the tea leaves sitting up on Capitol Hill, like we talked about how they shut down Congress, like we talk about how Republicans don’t show up on the triangle anymore where most press conferences are held. I want to be wrong in this case, but I can’t ignore what I’m seeing. And when Senator Sanders talked about super PACs, there wasn’t that much media there and there really wasn’t that much media coverage of what he did and what Summer Lee was proposing, Congresswoman Summer League, excuse me. So I really think these elements are all connected.That’s why we did this show to connect them.
The super PACs fuel the oligarchy and the oligarchy fuels autocracy. You can’t have dissent when few people want to hold onto all the wealth. It’s not just and people are going to push back against it, but the only way you can stop it is to incentivize punishment to say, “You know what? You speak up, you’re in trouble.” And the way to use that mechanism is to diminish the value, the integrity, and of course just create uncertainty around elections. Trump has sort up a lot of uncertainty. He’s got unlimited amount of cash to spend to bolster it. I am extremely concerned. I just wish more people would listen to Senator Sanders and Congresswoman Lee on this issue. It’s critically important and you’re right.
Taya Graham:
Steven, I’m so glad you connected the dots for us in this way because once you see it like this, you can’t unsee it. So thank you so much, Steven.
Stephen Janis:
You’re welcome.
Taya Graham:
Okay. So that’s the end of this edition of the Capitol Hill Inequality Watch React. So thank you so much for joining us. We are going to keep reporting for you on Capitol Hill while discussing how wealth inequality influences our politics, our economy, and our lives. I’m Taya Graham, along with my reporting partner, Steve and Janice. People please keep fighting, keep voting, and most of all, please keep caring. Our democracy needs you.
Login
