President Trump said Tuesday that his political network has already disbursed more than $300 million to bolster Republican candidates ahead of November, as the GOP braces for potentially steep losses in both the House and Senate.
In a post on Truth Social, Trump claimed the figure will climb past $400 million by Election Day. "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," he wrote, adding that "More than 300 Million Dollars has already been spent on Advertising, Direct and Indirect Voter Contact, Rallies, Rally Arenas, Telerallies, Get Out the Vote Programs, Election Integrity, and more."
The president’s affiliated committees—MAGA Inc., No Going Back PAC Inc., and Safety & Affordability PAC Inc.—were expected to file their monthly federal campaign finance reports on Tuesday, though none had done so by the time of publication. MAGA Inc. entered September with $415 million in its coffers, and Trump has previously said he would spend between $400 million and $500 million to support Republicans this cycle.
Republican donors and strategists have urged the president’s groups to deploy those funds aggressively, particularly in the Texas Senate race, where Trump-endorsed Republican Ken Paxton is locked in a tight contest against Democrat James Talarico. The president’s spending has also flowed into competitive Senate battlegrounds in Alaska, Ohio, and Michigan, as well as key House districts—including some traditionally Republican-leaning seats that have become unexpectedly competitive.
Despite the massive outlay, the political environment remains challenging for the GOP. Decision Desk HQ forecasts that Democrats have a 77 percent chance of retaking the House and a 56 percent chance of winning the Senate, driven by Trump’s low approval ratings and voter anxiety over the cost of living. A recent poll showing doubts about Trump accepting defeats has further fueled Democratic enthusiasm.
Republicans retain a significant fundraising advantage overall, amplified by the Supreme Court’s decision to strike down federal limits on coordinated spending between parties and campaigns. Yet Democrats have also posted eye-popping numbers. Talarico’s campaign alone raised $60 million last quarter, while Sen. Jon Ossoff (D-Ga.) brought in $33 million and Michigan Democratic Senate candidate Abdul El-Sayed collected nearly $31 million.
The president’s spending spree comes as his broader midterm push has faced setbacks. A Ukraine-focused gambit failed to stop the GOP’s slide in recent polls, and Trump has tried to energize his base with initiatives like a $25 million whistleblower payout plan and an $8 billion farm fuel aid package that may not deliver immediate relief.
With just weeks until voters head to the polls, the president’s financial firepower will be tested against a energized Democratic base and a stubbornly difficult map for Republicans. Whether his $400 million bet can stave off a wave remains the central question of the closing stretch.
