15 hours ago
Trump says he’s spending $400 million to boost GOP ahead of midterm elections
From Rena Rowe
President Donald Trump announced Tuesday that he plans to spend more than $400 million to help Republicans win the 2026 midterm elections.
“Because of my belief in the Republican Party … I am pleased to announce that, having to do with the Most Important Midterm Elections in our Country’s History, I have spent, or will be spending, over 400 Million Dollars by Election Day,” Trump wrote in a social media post.
Trump did not specify where the money would come from or how it would be allocated. However, MAGA Inc., his primary super PAC, has substantial resources available to support Republican candidates through advertising and other campaign spending.
According to its latest full monthly filing with the Federal Election Commission, MAGA Inc. had roughly $415 million in cash on hand and spent approximately $32 million during the 2026 election cycle. The group has backed Republican candidates across the country as the party seeks to defend its congressional majorities.
The next FEC filing deadline, Tuesday, Oct. 20, will provide a more recent look at the group’s spending and financial position.
Trump previewed the investment last month, telling reporters in the Oval Office that he expected to devote hundreds of millions of dollars to Republican campaigns.
“I think I have like close to a billion dollars in the super PAC, and I’m allocating probably four or $500 million,” Trump said in early September. “We’re going to spend a lot of money because we don’t want to lose our country.”
