Trump’s $1 billion war chest overshadows GOP midterm spending debate

  • MAGA Inc. made a $10 million advertising investment supporting Ken Paxton’s Texas Senate campaign.
  • Republican committees reported $657 million cash on hand, excluding MAGA Inc.’s $400 million.
  • DDHQ gives Democrats a 68% chance of winning the House and 51% chance of flipping the Senate.

President Trump’s political money is emerging as a central issue at the GOP’s midterm convention in Dallas, where Republicans are debating how his operation should deploy its resources. MAGA Inc., Trump’s super PAC (political action committee able to raise and spend unlimited funds), made its first major investment of the cycle with a $10 million advertising buy supporting Texas Attorney General Ken Paxton, the GOP Senate nominee. Republicans are particularly focused on whether additional spending will target Texas or competitive Senate contests in Ohio, Maine, Michigan, Alaska, Kansas and Nebraska. GOP committees and affiliated super PACs reported $657 million cash on hand at the end of June, compared with $334 million for Democratic counterparts, excluding the $400 million held by MAGA Inc. The New York Times reported that MAGA Inc. is behind No Going Back PAC Inc., which has reserved $49 million across six Senate races and Rep. Scott Perry’s district. Trump has said he plans to allocate $400 billion to $500 billion to help Republicans in the coming weeks and has previewed a campaign swing that could include Alaska. DDHQ gives Democrats a 68% chance of winning the House and a 51% chance of flipping the Senate, while Republicans remain divided over whether money and Trump’s campaign appearances can offset a difficult national political environment.

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Trump’s $1 billion war chest overshadows GOP midterm spending debate - CoinPost Terminal