Midterms 2026: ‘the worst democracy money can buy’ | w/ Ben Becker

ICE is funded through 2029, the Pentagon budget is at record highs – and plenty of Democrats voted for both. So what does winning Congress actually change?
With an ad spend set to hit $11.6 billion and record dark money pouring into the 2026 midterms, BreakThrough News editor-in-chief Ben Becker joins Zoe Alexandra and Rania Khalek to break down what’s really at stake on November 3. He lays out how billionaires and untraceable super PACs are buying the election, the threat of Trump deploying ICE at the polls, and why a likely Democratic majority is unlikely to claw back DHS funding or end Trump’s war on Iran – recalling how Democrats failed to pass comprehensive immigration reform or universal childcare the last time they held power.
And with self-proclaimed socialists like Zohran Mamdani saying Gaza’s a genocide while capitulating to pro-Israel pressure, Becker warns of the Democratic Party’s history of co-opting mass movements – while arguing the pattern reveals real radicalization across US society. And he makes the case for what comes next, pointing to mobilizations now in the streets of France and Spain, and January’s general strike in Minneapolis.
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Rough transcript follows:
[Speaker 1:] With record amounts of dark money pouring into the midterms, and ICE sitting on tens of millions of voter records—records that documents show it tried to share with Peter Thiel’s Palantir—Washington is bracing for an ugly fight over who controls Congress. But for the millions of Americans living in fear of ICE raids, struggling to make rent, or trying to afford fruits and vegetables, how much are their daily lives impacted by the outcome of these midterms? Now that I’m back in the States, I see just how much the price of everything has gone up.
Democrats are running on stopping Trump, but this is also a party that helped push the military budget toward record highs. ICE is already funded through 2029, thanks to a $75 billion windfall Congress handed it last year. So what could—or would—a Democratic majority actually change?
To break it all down, we’re joined by our very own Ben Becker, editor-in-chief of Breakthrough News. Ben, it’s great to have you back on the show.
[Speaker 2:] Thanks for having me. Happy to be back.
[Speaker 1:] These midterms, as I mentioned, are set to break election-spending records. It’s actually insane how much money is pouring in. You’ve got super PACs, the tech and finance industries, and dark-money donors funneling so much cash into ads and races to basically control the outcome like never before.
At the same time, as I mentioned, ICE has been combing through tens of millions of voter records in the name of hunting noncitizen voters, as they call them. With all that in mind, what kind of election is this shaping up to be? Do you think the bigger threat is that money is buying the outcome, or that the state apparatus is being set up to police the vote? Perhaps those two things aren’t mutually exclusive. Either way, none of this sounds very democratic.
[Speaker 2:] It’s sort of like asking, “Would you prefer to die by being hit by a bus, or through long-term cancer?” I think there really are two different things there: the long-term erosion of an already fairly restricted democracy. We shouldn’t pretend that the United States had a shining democratic tradition, given the history of Jim Crow and slavery, the disenfranchisement of millions of undocumented workers, and the largest prison population in the world. All these things were already existing.
Then, after Citizens United, came the infusion of billions of dollars in dark money. The crypto industry, the AI industry, AIPAC, or whoever can give money to nonprofits, which then give money to a super PAC with some shady name that was just started. Literally billions of dollars are going into campaign ads, and nobody knows who’s behind the money. The organizations are basically untraceable.
According to some estimates, around $10 billion will be spent just on these midterm elections, with about 20 billionaires—just 20 individuals—making up one-eighth of all that spending. That’s over a billion dollars. Eighteen of the 20 are Republicans, and two are Democrats. They’re pouring enormous sums of money into going after candidates they don’t like. We’ve seen huge amounts of money spent in some of these key races. That’s obviously a huge threat to any kind of equality or democracy. Some have called it “the best democracy money can buy.” We might want to revise that to “the worst democracy money can buy.”
Then you have Trump’s very particular, immediate threats—which would be like being hit by the bus, so to speak: seizing the ballots, potentially taking control of the count, and deploying ICE agents at ballot stations to scare off people from immigrant communities. There are people in his corner calling for him to declare a state of emergency or invoke the Insurrection Act, or who knows what. I think there’s a whole variety of new threats on top of this long-term erosion, or takeover of the whole electoral system by the billionaire class.
[Speaker 1:] Another element of this month leading up to the midterm elections is that a lot of people have spoken about the very real possibility that Democrats might take back either the House and the Senate, or just one of the two. Let’s say Democrats do manage to win one of these two bodies, or win the majority. ICE’s $75 billion budget is locked in through 2029. The House just passed a record defense bill, and Trump is asking for $1.5 trillion for the Pentagon next year. Suffice it to say, plenty of Democrats voted for these budgets.
If Democrats take the House, does any of that change? Are they able to claw back ICE funding, cut the military budget and the war in Iran, or end the genocide in Gaza? Can they stop health care prices from skyrocketing, and address all these issues that everyday voters in the United States are raising? How do you see it playing out, given the way the Democratic Party has behaved in the past when it has taken back power?
[Speaker 2:] Can they do those things? They could do a lot of them, actually, or at least make life very difficult for the Trump administration and its agencies. They could wage a very persistent struggle to defund ICE. They could create a major obstacle to that enormous war budget, the largest in human history. They could do a lot of things.
The better question is: What will they do? I think both questions are important. We shouldn’t rule out the possibility that they can do these things, because that’s part of holding politicians accountable. If you’ve already internalized that they’ll do nothing in support of the people, that kind of lets them off the hook when they do nothing for the people. I think it’s important to point out concretely how they can do certain things, pass certain bills, and use certain authorities.
But will they? I don’t think any of those things are fundamentally going to be stopped or reversed by the Democratic Party. The party is built on a coalition that includes progressive politicians, people who come from the labor movement, and people who are more tied to working-class demands. But it’s also a coalition with huge sections of corporate America. It’s deeply integrated into the same national security state and military-industrial complex. It takes huge amounts of money from those same industries that give to the Trump administration.
This coalition doesn’t have a cohesive program in defense of the working class, the immigrant community, or anyone in particular that it can hold politicians accountable to. Even having a majority doesn’t really mean that much when you think about it.
If we were having this conversation six years ago, right before Joe Biden came into office, remember, he came in with the House, a very narrow majority in the Senate, and the White House. What was the Build Back Better plan? A lot of the reforms Biden promised, if they had actually gone through, would mean we wouldn’t be dealing with many of the issues we’re dealing with today. For instance, there was universal child care, free community college, paid maternity leave, and comprehensive immigration reform—one of the things the Biden administration promised. There was also voting-rights legislation that would have made it harder for Trump to carry out many of the attacks he’s currently making on voting rights by strengthening federal protections for voting rights.
None of those things came to pass. You can say, “Oh, it was the Republicans,” but it was also Joe Manchin, the Democrat from West Virginia, and Kyrsten Sinema, the Democrat from Arizona, along with a whole assortment of other Democrats who realized they had strategic leverage they could use to block the bills. It’s not like the progressive section of the Democratic Party went to war with those more conservative sections. They blocked all the bills, then cashed out. They all got jobs in the private sector and made tens of millions of dollars, including Joe Manchin and Kyrsten Sinema.
They’re gone now, but we have John Fetterman and other Democrats. I think it’s an illusion to think that having a numerical majority is somehow going to deliver a lot of those things.
And if we’re just being honest, a lot of the political climate against immigration and immigrants was contributed to by the Democrats. The Democrats have also taken huge amounts of money from big tech, so I don’t think we can expect them to stand up to the AI and crypto industries. They’re obviously tied into the military, as we’ve said before. In a way, their biggest frustration with Trump’s Xi meeting was that Trump was too friendly to China.
I think people are going to go to the polls because they hate the Trump administration, for good reason, and the Democrats are going to be the main beneficiaries of that mass opposition to Trump, whose poll numbers are so low right now. But that doesn’t necessarily mean anything will fundamentally change with an incoming majority in the House or Senate.
Back when Joe Biden was running for president in 2020, what was it? He said, “Nothing will fundamentally change.” That’s what he was saying to a group of corporate donors.
[Speaker 1:] Promise. He delivered on that promise.
[Speaker 2:] He did. Yes, he did.
[Speaker 1:] There are some major differences this time around. Suddenly, you’ve got winning Democratic candidates calling themselves socialists, talking about affordability and billionaires, and even saying the word “genocide” about Gaza. The issue of Palestine has come to define so many races across the country. These are things that would have gotten you run out of the party a few years ago. It still stands to be seen, because the party is trying to run some of those people out. But the base of the party clearly wants a lot of this, right?
How do you interpret this shift? Do you see it as a very real shift when people in this party use this language, or is the Democratic Party doing what it’s always done—absorbing energy from the left, in this case from the Palestine movement, to get out the vote, with the real risk that they’ll shelve it once they’re in power?
[Speaker 2:] I think both things are true, and you’re right to note the historical precedent. Dr. King was actually the most hated man in America for a lot of his life, career, and activism. You wouldn’t know it because, once he was dead and the civil-rights reforms were passed, the Democrats in particular—but ultimately both parties—would quote him and co-opt him and the civil-rights movement they had totally opposed.
The same was true with the labor movement and with movements throughout U.S. history. One element of successfully shifting mass consciousness is that elements of the elite then co-opt your message, soften it, dilute it, water it down, and try to gut it of its radical content. In a way, it’s definitely a measure of success. Something is really taking place at the level of the base of society.
I also think you’re right to say that the Democrats don’t intend to deliver on that mass sentiment, nor are they structurally able to. Support for Israel is infused at every level of the U.S. ruling class, from the national security state to big tech companies, financial institutions, and higher education institutions. It’s not just a matter of what someone says on the House or Senate floor, or even this or that bill that’s passed. The same is true of the wars abroad. There’s a tendency toward war that grows regardless of what Congress is doing. For many decades, Congress has done nothing to stop the war machine, and the president has seemingly limitless authority to wage undeclared wars.
I think you’re right to say there’s a level of co-optation, but I think there’s a positive spin on it, too. Being pro-Palestine, as you said, made you somehow unelectable 10 years ago. That was the mainstream wisdom. But if you look at the polls now, there’s been a total reversal. Only 10 or 15 years ago, a majority of the country was absolutely in support of the state of Israel. Now, among Democratic voters, support for Israel is under 20%. Two out of every three Democrats say they have a more favorable opinion of the Palestinian cause.
The same goes for socialism. What’s interesting about the polling around socialism is that, I think, 32 million or so young people have a favorable opinion of it. But you’re also starting to see changes among independents and people who are a little bit older. The favorable rating of capitalism is going down dramatically, including among independents, who are considered the swing voters. A lot of this traditional political thinking—that words like “Palestine” and “socialism” made you toxic—is no longer true. People are losing confidence and trust in the U.S. capitalist system, and they’re no longer going to be turned off by these scare words and scare tactics from the past.
I think the danger of co-optation is real, and obviously socialism also can’t be achieved at the ballot box under a system totally dominated by big business, Wall Street, and the big banks. On the other hand, we should emphasize that there’s a growing radicalization, or politicization, of people across society, of all ages, who are starting to think about new ideas. There’s a positive reading of that.
[Speaker 1:] No, definitely. I think that’s reflected in the interview we did earlier with Danielle Wono about what we’re seeing take place across France as well.
Ben, for people who are watching who are angry, broke, or scared, what’s really at stake on November 3 in these primaries? What should they be doing beyond voting, whichever party comes out on top after November 3? As you said, socialism isn’t voted in at the ballot box, and both of these parties receive significant funds from the capitalist ruling class. What really comes next, and what’s at stake on November 3?
[Speaker 2:] To underscore the point, whether or not you have this or that person in Congress, all the main decisions in your life—who sets the rent, the cost of groceries, the job opportunities that are available, who’s going to introduce artificial intelligence—are basically in the hands of a few corporations. That’s what I meant when I said it can’t be introduced at the ballot box: all these fundamental economic decisions are made privately. There are people taking votes on them, but it ain’t you. It’s boards of directors making those decisions. In that sense, if you really want to change the economic reality, you have to change the economic system. You can’t just change it by voting on November 3.
I think what’s happening in France and Spain is extremely important right now. You’re seeing young people who are upset about the erosion of social services and public schools and the rising cost of rent taking to the streets. They’ve inspired people from all walks of life to take to the streets. It’s really become a kind of rebellion against the political status quo.
We’ve seen that here in Minnesota. In January, we had a general strike for the first time in decades. It was that mass movement in the streets that really pushed back against ICE and the Trump administration. It led to the firing of Bovino and Kristi Noem. It didn’t make ICE disappear, but it did lead ICE to change its tactics.
There’s obviously this latent power of the people in the streets that’s starting to become manifest in Western Europe, and that has been seen in the United States. I think the question is whether these elections open the door for more people to exercise their free-speech and assembly rights, organize, and exercise their rights in the workplace, including withholding their labor. How are these elections won? People might say, “Look, Trump has taken a devastating blow because he probably will lose, and the Republicans will lose.” Does this make people feel more emboldened to organize? It wasn’t the Democrats who really did anything these last two years to restrain the Trump administration.
If you’re looking for them to do something they’ve never done before, that’s a form of insanity: expecting the same result from the Democratic Party. But there is a tradition of mass action pushing back against the far right. Ultimately, what happens in the election isn’t the main thing. Even in France, what if the far right wins the elections? That’s a distinct possibility while young people are in the streets.
Both things can be true at once: there’s growing polarization, and we just have to accept that reality and try to learn from it. I don’t think it’s going to stop, regardless of the outcome on November 3.
[Speaker 1:] Ben Becker, editor-in-chief of Breakthrough News, I really appreciate your analysis. Of course, we’ll be coming back to you as we get closer to the midterms, because this will continue to develop. The horse race always—I really appreciate what you’re saying—becomes the central story. The drama and the various personalities distract from the broader systemic problems we have. Thank you so much. I really appreciate your analysis.
[Speaker 2:] Thanks.

