US Republicans lead Democrats in election funds — CNBC
In the United States, the three national committees of the Republican Party had approximately $233.4 million in cash on hand at the beginning of September, while their Democratic counterparts had $130.4 million. The gap amounted to about $103 million, CNBC reports, citing new filings with the US Federal Election Commission.
According to the outlet, Republicans are entering the final six weeks before the 2026 midterm elections while trailing Democrats in nationwide polls and surveys in key states. At the same time, they are defending 16 of the 21 House races that Cook Political Report with Amy Walter rates as toss-ups, as well as six of the nine key Senate races.
Gap between national committees
The Republican National Committee ended August with $125.6 million. The Democratic National Committee had $16.9 million in cash on hand and $17.6 million in debt. Thus, the Republican National Committee had more than seven times as much money.
In House campaigns, the National Republican Congressional Committee had about $89.1 million. This was approximately $13 million more than the $75.9 million held by the Democratic Congressional Campaign Committee.
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CNBC also notes that the importance of party funds in this election cycle increased after the US Supreme Court in June struck down restrictions on party spending in coordination with candidates.
Senate campaigns and advertising
In Senate races, Democrats had a larger cash balance. The Democratic Senatorial Campaign Committee began September with $37.6 million, while the National Republican Senatorial Committee had $18.7 million. In August, the Republican committee spent $50.3 million, including about $45.9 million on expenditures coordinated with candidates.
The Trump-linked super PAC MAGA Inc. had nearly $416 million at the beginning of September. Two other Trump-linked entities — No Going Back PAC Inc. and Safety & Affordability PAC Inc. — reserved at least $126 million for advertising. According to AdImpact, Republicans and their allies had planned about $888 million in advertising spending through Election Day, while Democrats and their allies had planned approximately $666 million.