Wow the official clincher for joe biden and the cases momentum is pointed in the right direction. Then. Every single penny goes to the number one and the only job of the rnc. Electing donald j. Trump. The unexpected hollowing out of a Major Political party. And the infatuation with strong men. Nobody is a better leader than viktor orban. All in starts right now. Good evening from new york. It is Election Night in america. Did you know that . And President Biden just clinched his partys nomination. Joe biden is indeed official. The presumptive nominee. Within just a few minutes of polls closing in georgia, the president secured enough votes to cross the threshold for his partys nomination. It has been apparent since nikki haley dropped her bid that 2024 would be a rematch between donald trump and joe biden. But tonight, that is expected to become all but official when both candidates cross the Delegate Threshold set by their respective parties. For the republican nomination, donald trump needs 1215 delegates. He is close. Should make that number later tonight. Steve kornacki is at the big board with the latest. Tell me, where are we . The delegate map . The last couple of minutes the polls closed in mississippi. Joe biden, i can show you here, has no opponent on the ballot in mississippi so he has been declared the winner in mississippi. There are 35 delegates at stake for the democrats. All of them go to joe biden so he sweeps mississippi. What that does, he is at 2012. I can show you what georgia is looking like. The designation. The check mark and the presumptive nominee designation. That went into effect an hour ago in georgia. So biden is now just piling on top of that. He gets everything in mississippi later tonight. There are 92 delegates for the democrats in Washington State. So joe biden officially clearing the threshold for the his party to become the presumptive nominee. For donald trump, he is not quite there yet. We did just in the last few minutes declare him the winner in mississippi and he gets all 40 delegates up for grabs in mississippi. He is also so far i can show you, georgia. Again, about 27 . 27 of the vote in there. It is 84 for trump. Remember, haley dropped out. But her name is still on the ballot. Donald trump has claimed 52 of the 59 delegates needed at stake in georgia. Sorry. Im just trying to get the delegate numbers. 52 of 59. There are still seven more to come. He is likely to get those but they are not allocated yet so we will see if he picks up a delegate or two. All of mississippi for trump. 34 delegates shy of this threshold of 1215. And that also leaves Washington State outstanding on the republican side. 11 00 p. M. Eastern the polls will close. In Washington State. Again, haleys name remaining on the ballot. But there are 43 delegates here. And again trump at this point, only needs about three quarters of them. If he can get more delegates from georgia, that number will be less and washington is a state that does its voting by mail. And so, a lot of that vote is going to be counted, tabulated and released very quickly. After that 11 00 poll closing time. If it looks anything like it does in georgia or mississippi and we have no reason to think it wont, i think you can expect somewhere in the 11 00 hour, probably early in the 11 00 hour, donald trump will cross the threshold. That check mark, that presumptive nominee designation will go there and both parties will have candidates with delegates locked in officially committed to voting for them to get the nomination. If it does happen before midnight, a little piece of trivia for you, it would make this based on that standard, when did each candidate cross the Delegate Threshold . It would make it the longest general Election Campaign in history. If it goes after midnight into tomorrow when that happens, it will be tied with the 2004 and 2000 elections. Fantastic. Thank you very much, steve kornacki. So joe biden is the presumptive nominee for president. His reElection Campaign begins full force. He will be running primarily on his record. What he has gotten done with the American People the last four years. Heres the thing. This election is very interesting and different. For the First Time Since 1892, biden will be running against the man who held the office just before him. The man he beat. The man who didnt want to leave. It sets up one of the most clear cut apples to apples comparison. They dont have a record but in this case you have two records to compare. How was the country doing when donald trump was president . He left in disgrace, having fomented an unsuccessful coup . How are things now . There is quite a story to tell about the general trajectory of American Life in the last fur years and we just so happened to have some visual aids to tell that story. We will show you some charts. And heres the thing about the charts. Generally, you want the good stuff to go up. And the bad stuff to come down. Pretty simple. So this is how that looks. The gross domestic product. It is the size of the u. S. Economy. And like the rest of the world, we saw a significant drop. That was the pandemic. That was under Donald Trumps watch. But look at the recovery. Go up. The u. S. Had the strongest recovery of all its peers. Last year, our economy grew faster than any other nation in the g7. When you zoom in a little further, showing only the biden years, it is essentially the Straight Line going up. That was not fore ordained. A lot of it could have gone wrong. It is hard to pick yourself back up. We have seen this reflected in the stock market. Start low, go high. Four years ago, the dow plunged. March 16, 2020, almost exactly four years ago. Under president donald trump. He was obsessed with the stock market. Four years later, not only is it back on track, it hit an all time record high at the end of last month. Once again, over the past year, right . From here, to there. Getting better. Theres a bunch of reasons for this remarkable Economic Performance and growth in this era. The biden era. Jobs have bounced back. Labor force participation rate. Really increasing steadily from the covid era lows. Lows during the pandemic. Then it goes up. New business application. This is people starting businesses. The american dream. In 2023 alone, americans filed fiveandahalf million new business appliques. That was a record high for the year. That was the third year in a row of record breaking applications for a total of 16 million over the first three years of the biden administration. Starts down here, goes up. Manufacturing is also booming. Thanks to a flurry of biden signed legislation. More and more goods being produced in america again bringing good paying manufacturing jobs back into the u. S. See . See how that goes . Hospitality jobs. In particular have bounced back. After plummeting after the pandemic. Again, not a given the industry would recover fully post covid. You see it go down here. But travels back. We can see from the number of passengers flying on u. S. Airlines. This is the summer of 2020 in the depths. Up to now july, 2023. Across the board, and this is key, wages are rising. Wages rising in real terms. Okay . Workers now make an average of more than 34 an hour. Earnings are outpacing inflation crucially. That means there is more money in americans pockets to spend. Disposable personal income. Took a huge hit when Covid Support ended and inflation spiked. Now it is on the right track. From down here to up there. We are producing more energy in the u. S. Basically no one in america knows this, so listen closely. Crude Oil Production under democratic President Joe Biden broke records last year. It is outpacing projects so far in 2024. In fact, we are producing right now more oil than any other nation has at any time ever. You might say as i do, from a climate perspective, not great. Which, true, but crucially, also, Renewable Power is booming. Renewable Power Generation is also up. 370billiondollar investment in the Clean Energy Reduction act. Remember that . They named it that. Not necessarily because it was an inflation bill. But because of this chart. Inflation. This is the whole story. Of the last four years. The reason i think that joe biden faced political head winds. The story in every other country on earth. Inflation has hit a rocky ride since the pandemic and the massive Supply Chain Interruptions it brought. It hit nine percent in the summer of 2022 there. And that was bad. It caused severe financial strain for people. And this was a global phenomenon. Happened everywhere. But since then, it has come way down. It is now hovering at 3 . This was not guaranteed. If you read the economic press, people are like we will need a recession. Or, it will keep going up forever or we are screwed. None of that happened. It has come down to 3 . And like economic growth, this is better than basically any of our peer countries. They would all trade places to be us. The Unemployment Rate has dropped massively. After hitting an unprecedented spike of nearly 15 in 2020. Right . The same story in the chart. Bad things happen in 2020. And then they get better after donald trump leaves office. Over the past couple of years, the biden presidency, unemployment has been hovering below 4 for an unprecedentedly long period of time. In the past year, amid all the economic improvements, Mortgage Rates which have risen quite a bit as the Federal Reserve hiked rates have started coming down as well. We are seeing gas prices drop. Remember . Remember this story from a spike nearly 5 per gallon in the summer of 2022 . People putting on their joe biden stickers on gas pumps saying i did that . You dont see that so much anymore. Because we are now down a little over 3 per gallon. They start here, they go down there. Finally, and this is the one conservatives love to get wrong. There has been a big decrease in Violent Crime under President Biden. 2020 was one of the most dangerous years in america in a decade under donald trump. Violent crime spiked across the country in urban and rural areas. But every year the biden administration, Violent Crime has come down. In fact, according to the latest estimates, 2023 is on track to have one of the lowest Violent Crime rates in half a century. So compared to four years ago, these are just the facts. The country is safer. It is more prosperous. There are more people working and making higher wages. More people starting new businesses. More people working in manufacturing. The last year of the last president s term, Donald Trumps term, was a nightmare. Because it was a nightmare, it is easy to block out. But this is what has been achieved under President Joe Biden and the pitch you can expect him to make to voters all this year. Coming up, he has a structured penalty and he needs cash now. Donald trumps Jg Wentworth Campaign and the bust out of the rnc, next. Of the rnc, next. Absolutely. Thats why you see a go fund me get started. Thats why people are furious right now. They feel like it is an attack not just on donald trump, but on this country. Donald trump and his family just took over the President Trump national committee. The last head of the party stepped down amid an interparty battle. Trumps daughterinlaw laura made public what the priorities would be if she got the gig. If im elected there will not be any more 70,000 or whatever amount of money it was spent on flowers. Every single penny will go to the only job of the rnc. Electing donald j. Trump president of the United States. You can guess which side of that fight the expresident was on. The man owes nearly 700 million in civil penalties. Under the most acute Financial Stress of his life since his bankruptcy filings in the 90s and the early 00s. So there is nothing stopping him from busting out the rnc for his own purposes. Like a mob boss. Taking over a Sporting Goods store. Last week, a Party Resolution to stop that from happening. Specifically to Block Committee money from going to pay trumps legal bills died. She inaugurated her tenure with this email marked from the desk of lara trump and we are not dealing with a man known for scrupulously determining between his personal money. He raided his charity like a piggy bank. Spent tens of thousands of dollars on portraits of himself. Now he has access to a whole political party. It should be interesting. You previously oversaw polling for the dnc. And sara runs a group called Republican Voters against trump which is launching today. A 50 Million Campaign to showcase the antitrump Coalition Interviews with people that voted for trump and never will again. Let me start with you on the implications. Your reaction to the flurry of the Trump Takeover from the desk of laura trump. Email going out. The death of the proposal to block the committee. What does it lead up to . I feel like we have taken the final step in trumps complete takeover of the Republican Party. But there is always another step actually. This because he is formally taking over the Republican Party apparatus here, you know, so it started with the resignation of jeff flake and ends with Lara Trump Controlling The Rnc and him installing loyalists which by the way, what trump is doing at the rnc, Firing Everybody and then installing people who will only do what he wants them to do, thats what he wants to do to the government if he is president. He wants to create an entire American Government at his service. He is trying to be elected president to stay out of jail. It is all about him. And the Republican Party now is completely in service to that. No one is balking at this. What is crazy about that, that is money he is draining from other republican candidates. There are down ticket races where people need money and the rnc is only there singularly for trump. You worked an official capacity. And i just did not overstate the case here. The nominee takes over the apparatus to a certain point. The dnc is not separate from him. There is always a synergy. But this notion that it only exists, that every penny should be spent in laura trumps words for electing donald trump, what does that mean for the rest of what a Party Apparatus does in an election . Yeah. I have to underline what my friend on the other side just laid out here. This is a big deal. When historians write about the politics of this era, this will be a really important section of this. They were the arm of the party. And look, the dnc, yes, we focus on the president ial. But we also focused on state races, congressional races. A lot of ballots. We were building a bench. And what donald trump has basically done is he has thrown all of that out. He has made this historical organization, about strengthening and building across the country. It is a humongous deal. If im a down ballot republican, and i look at them gutting the rnc to hire his cronies who may or may not have political experience, you know what the dnc will be doing the next couple of weeks . They will not be gutting the dnc. They will be building the dnc out and growing it out. Because not only is it about the president , but they will also help folks, democrats up and down the ballot. If you are a down ballot republican right now, i dont know how you could possibly look at this and see this as good overall for the party. It is very good for donald trump. But not good for grass root republicans. And why on earth if you are a grass root republican, why on earth would you give money to the rnc when it is specifically just about donald trump . It will be interesting to see how that works. Cut out the middleman. They are understanding that House Freedom caucus member, very conservative. Increasingly sort of at odds with the particularities and the maga cults of personality. He announced that he is leaving. Now. Didnt even give mike johnson a heads up. He can only afford to lose two votes. It seems to me, this is not unrelated to precisely the same forces who are leading to the rnc being taken over in this fashion. Yeah. What struck me about ken bucks resignation is how mad he was. He did a throw it down im out of here. He even imperilled Lauren Boebert. She is trying to switch districts to run in his district. But he made them have to have a special election. And so, this is him being done with the party. He gave mike johnson no notice and i think, i am surprised there is not more of these resignations. There has been an increasing number of people looking at the next couple of years and the fact that donald trump is the nominee and you do see some republicans walking away. Especially people like mike gallagher. But i dont know how any of these republicans stay in office. Anyone who is a serious legislature. What is coming has nothing to do with the party. They will be people acting at Donald Trumps be