This story is part of a series of monthly snapshots from the Washington Examiner, titled Midterm Countdown, gauging the state of the 2026 election cycle. Scroll down to the bottom of the story for the latest prediction market odds of who is going to win.
The 2022 midterm elections shattered spending records, with campaigns and outside groups pouring more than $16.7 billion into state and federal races, according to Open Secrets. There are already early signs that 2026 could surpass it.
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