For some reason, PACs belonging to Silicon Valley Billionaires have decided to dump a ton of money into the Texas senate race at the last minute:
A little-known super PAC seeded with Silicon Valley money plans to lead four other outside groups in a $28 million TV ad blitz to try to help Democrat MJ Hegar unseat Texas Sen. John Cornyn.
Future Forward’s own ads began airing Tuesday, according to ad-tracking service Advertising Analytics. Through Monday, it reserved nearly $2.4 million of time slots in 19 Texas TV markets as well as Shreveport, La.
The ads are part of a planned deluge of advertising for Hegar in the election’s final two weeks that’s being orchestrated by the super PAC’s leader, Facebook co-founder Dustin Moskovitz, with assists from four other Democratic groups, the news site Recode first reported.
On Wednesday, Hegar’s campaign announced it began airing on Black radio stations across Texas a 60-second ad in which former President Barack Obama expounds on why he recently endorsed her.
In the ad, Obama extols Hegar’s record as a veteran who served in Afghanistan, a working mother who he said will defend the Affordable Care Act and a politician “firmly committed to making the reforms we need to address systemic racism and create a more fair and equitable America.” Hegar’s runoff opponent in the Democratic primary, Dallas state Sen. Royce West, an African American, has has not specifically retracted an Oct. 9 statement that he would not vote for Hegar in the general election.
The Obama spot will run in 14 cities, including Dallas, said Hegar spokeswoman Amanda Sherman.
Asked how much Hegar would spend on the ad, Sherman replied, “This is part of the seven-figure investment we announced to mobilize the Black vote.” She referred to buys that began Oct. 8.
Citing a confidential memo circulated to major donors last week, Recode said the $28 million of ad buys will include $10 million from New York Sen. Chuck Schumer’s Senate Majority PAC, which on Thursday announced an $8.6 million TV buy to help Hegar. The $8.6 million is part of the $28 million of late advertising being planned.
On the super PAC-led effort against Cornyn, Recode reported that the other groups assisting Future Forward in the push are Strategic Victory Fund, Way to Win, and Mind the Gap. Recode is a former technology news site that last year joined forces with Vox Media to probe Silicon Valley’s influence on politics.
A Cornyn spokesperson accused Hegar of hypocrisy, recalling that the Democrat has run on overturning a 2010 Supreme Court decision, Citizens United v. FEC, which said the First Amendment forbids restrictions of independent political expenditures by corporations.
“MJ has completely abandoned her principles, broken her promises and is selling out Texans to the highest bidder in California,” Cornyn press secretary Krista Piferrer said in a written statement. “This is a defining moment that shows exactly how untrustworthy her word really is, and how willing she is to look the other way so long as she personally benefits.”
Democrats whining about Cornyn snipped.
On Tuesday, Future Forward planned to report to the Federal Election Commission that it raised $66 million between Sept. 1 and Thursday, with big donations from Silicon Valley billionaires Jeff Lawson, founder of cloud platform Twilio; Eric Schmidt, veteran chief executive of Google; and Moskovitz, according to Recode.
I’m sure this news was not well-received at Cornyn headquarters, but I find it hard to work up any anxiety over the ad buy:
(Hat tip: Cahnman.)