Cruz: GOP could face 'bloodbath of Watergate proportions' on Election DayJonathan Easley 1 hr agoSen. Ted Cruz (R-Texas) on Friday warned Republicans the party could face a "bloodbath" in November if voters aren't feeling optimistic about the economy and the direction of the pandemic.
Speaking on CNBC's "Squawk Box," Cruz said the presidential election is extremely "volatile" and that President Trump could still get reelected by a "big margin" if voters feel like the U.S. is recovering from the pandemic-induced economic shutdown.
But he warned the party could also face landslide losses similar to what happened in 1976, when Jimmy Carter won the White House in the first election following the Watergate scandal and Richard Nixon's resignation.
"I am worried. It's volatile, it's highly volatile ... if people are going back to work, if they're optimistic, if they're positive about the future, we could see a fantastic election - the president getting reelected with a big margin, Republicans winning both Houses of Congress and I think that's a real possibility," Cruz said.
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