00:00It's Benzinga bringing Wall Street to Main Street
00:02President Trump said he and MAGA Inc. will pay for television ads praising him after
00:06criticism over taxpayer funding used for ads that have aired ahead of the midterm elections.
00:11The White House later clarified that MAGA Inc. will pay for public service ads moving
00:15forward, not those already aired.
00:17Ad Impact tracked roughly $9.7 million in taxpayer-funded spending on three ads featuring Trump through
00:23October 5.
00:24The Times reported that the Office of Management and Budget shifted $20 million in Customs
00:29and Border Protection funds into a category called One Big Beautiful Bill Commemorative Events.
00:34The move made federal money available to pay for the ads.
00:38MAGA Inc. has spent at least $57 million this election cycle, including $25 million in independent
00:44expenditures since the end of August.
00:46Public Citizen has also sought investigations into whether the ads violated federal restrictions.
00:51For all things money, visit Benzinga.com.
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