MAGA Inc. disclosed only $15 million in US election spending — CNBC
In the United States, the political committee MAGA Inc., linked to President Donald Trump, ended August with $415.8 million in funds in its accounts. Trump had previously said he planned to direct between $400 million and $500 million to help Republicans ahead of the 2026 midterm elections. This was reported by CNBC, citing filings with the US Federal Election Commission.
The committee's funds increased
At the end of August, MAGA Inc. had more than $12 million more than at the beginning of the month, when it had $403.5 million in its accounts. In August, the committee raised about $23.7 million and spent $11.4 million.
Donors included cryptocurrency billionaires Cameron and Tyler Winklevoss, who contributed a combined $10 million. NASA Administrator Jared Isaacman donated $2 million, while Phillip Sarofim, chief executive of venture firm Trousdale Ventures, gave $1 million.
On September 4, Trump said he planned to use between $400 million and $500 million from MAGA Inc. to help Republicans. On the same day, he told reporters in the Oval Office that he was ready to spend any amount necessary for this purpose. At the same time, the committee's funds are not the president's personal money, and there is no requirement to spend them in full.
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Spending focused on Texas
As of the second half of September, MAGA Inc. had publicly disclosed approximately $15 million in spending in the US Senate campaign in Texas. Of this amount, $10 million was directed toward advertising supporting Republican candidate Ken Paxton and opposing Democrat James Talarico, while another $5 million in spending in the race was declared later.
At the same time, larger advertising purchases are being made by two Trump-linked super PACs — No Going Back PAC Inc. and Safety & Affordability PAC Inc., established on September 1. According to AdImpact and federal filings, they have booked at least $126 million in advertising: about $98.5 million by No Going Back PAC and $27 million by Safety & Affordability PAC.
No Going Back PAC shares a treasurer, address, and telephone number with MAGA Inc. Republicans have publicly urged Trump to deploy political resources more actively, as the party seeks to retain control of the House of Representatives and the Senate, while Democrats are trying to win majorities in these chambers of Congress.