SkyBridge Capital founder Anthony Scaramucci argued that the United States’ two-party political system has failed to address voter concerns. He warned that continuing to shift power between Democrats and Republicans will deepen national problems.

Critique of Political Duopoly

In a post on X on Wednesday, Scaramucci stated that neither major party offers a lasting solution to political challenges. He described the situation as a result of the "Great Party Duopoly" and argued that swinging back and forth within this structure worsens outcomes.

Scaramucci specifically targeted the Republican Party, asserting it no longer exists as a party with no hope of restoration. He wrote, "Parties die. The GOP already has. It’s time for the funeral."

He also cautioned against assuming that returning Democrats to power would resolve broader issues. He noted that people are looking for something else beyond the current Democratic Party leadership.

Broader Dissent and Midterm Context

This criticism aligns with recent comments from other figures. In July, former Georgia Representative Marjorie Taylor Greene criticized the two-party system for dividing Americans while serving elite interests. She argued the system has left Americans burdened by roughly $40 trillion in debt, threatened Social Security and Medicare, and weakened the dollar.

Long-time Donald Trump supporter Tucker Carlson also signaled a break from the traditional structure. Carlson stated he would work to create a "new political party," arguing the U.S. has become a "one-party state."

Election Outlook

Despite these critiques, Trump used his Labor Day message on Monday to predict a significant Republican victory in the 2026 midterm elections. He accused the "Radical Left" of trying to destroy the country and claimed Democrats would make "one last shot at ruining America."

Trump stated Republicans would "win the Midterms, BIG, and SAVE AMERICA." He also signaled plans to campaign for Republican candidates ahead of the midterms.

Sen. Elizabeth Warren (D-Mass.) warned that states face an "existential crisis" as the federal government prepares to reduce its share of certain Supplemental Nutrition Assistance Program (SNAP) administrative costs from 50% to 25% beginning in fiscal year 2027.

The shift creates nearly $460 million in new annual costs across 57 counties, with Lewis County alone facing about $300,000 in additional expenses. The federal share of administrative expenses is set to fall on Oct. 1, 2026.

Funding Shift Details

Warren posted on X that families should not have to choose between food and rent, and states should not have to choose between SNAP and schools. She called on Congress to reverse the cuts.

Leaders from Lewis, Jefferson, and St. Lawrence counties planned a Sept. 11 press conference to address the funding shift. The change affects administrative costs rather than direct benefit payments initially.

Enrollment and Error Rates

SNAP enrollment fell from 42.8 million in January 2025 to 38.6 million in January 2026 as stricter work requirements took effect. Under President Donald Trump’s law, states with higher error rates could be required to cover up to 15% of SNAP benefit costs starting in October 2027.

The U.S. Department of Agriculture (USDA) reported a 10.62% national SNAP payment error rate in fiscal 2025, exceeding the 6% federal threshold. This involved $10.1 billion in improper payments.

Impact on Benefits

About 4.5 million people, including 1.5 million children, had lost SNAP benefits. Up to 18.3 million students could ultimately lose free meal access as eligibility changes under the One Big Beautiful Bill Act took effect.

Katie Bergh, a SNAP expert at the Center on Budget and Policy Priorities, warned of a "ripple effect" as families faced difficult choices between groceries and essentials.

Senate Minority Leader Chuck Schumer (D-N.Y.) said he will not support a Farm Bill that does not protect SNAP funding, calling any bill that abandons hungry families "wholly unacceptable."

What the Numbers Show

The data reveals a divergence between declining enrollment and rising financial exposure for states. While SNAP enrollment dropped by 4.2 million (from 42.8 million to 38.6 million) between January 2025 and January 2026, the federal government is simultaneously reducing its administrative cost share by half (from 50% to 25%). This suggests states may face increased per-capita administrative burdens even as the total beneficiary pool shrinks, potentially straining state budgets despite lower overall program volume.