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Trump Vows $100 Million More for Republican Candidates as RNC Transfers $50 Million
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Trump pledged an additional $100 million for Republican candidates by Election Day. The Republican National Committee transferred $50 million to aid midterm races.
8 outlets told this the same way.
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Money floods races
President Trump vowed on Tuesday to spend an additional $100 million on Republican candidates by Election Day, as his party tried to use its financial advantage over Democrats.
The Republican National Committee announced transfers of $50 million to party-affiliated groups, and The New York Times said the R.N.C. was finishing moving more than $50 million to the groups overseeing the party’s efforts to elect House and Senate candidates.
The R.N.C. told The Times it had transferred more than $44 million between mid-August and mid-October to the party’s main House and Senate committees, and the committee said at least $6 million more was set to be sent by Election Day.
The New York Times also reported that the R.N.C. entered September with an $126 million war chest and said its $126 million coffers had been drawn down to $76 million by Oct. 14.
The New York Times tied the spending to a Supreme Court campaign-finance ruling this year, while it said the Democratic National Committee was “incapable of doing” the same scale of transfers.
Texas fundraising gaps
A review of campaign finance reports filed with the Texas Ethics Commission showed wide fundraising gaps between candidates in the Nov. 3 election, from a state House race to local city council seats in Bryan and College Station.
Republican State Rep. Paul Dyson reported raising $425,000 in his latest campaign finance documents filed 30 days ahead of the November election, and KBTX said more than half, over $237,000, came as in-kind support from outside PACs.
KBTX reported that Texans for Lawsuit Reform PAC spent almost $170,000 on advertising and polling for Dyson, and it said Texas Conservative Majority and the Associated Republicans of Texas added nearly $70,000 more combined for canvassing, research and polling.
KBTX said Dyson’s Democratic opponent, Janet Dudding, raised $1,100 in outside money, including $1,000 from the Brazos County Democratic Party and another $100 from Blue Horizon Texas.
In Bryan’s mayoral race, KBTX reported that incumbent Bobby Gutierrez raised $33,960 to challenger Rafael Peña’s $5,032, and it said the College Station mayor’s race featured Bob Yancy raising more than $26,000 while Elizabeth Cunha reported no contributions.
Midterm spending record
Time reported that political advertising spending for the midterm election cycle this year has reached a record high, surpassing $10 billion as of last week, and it projected $11.6 billion by Election Day. Time said the previous midterm spending record was set in 2022 at $8.9 billion, and it said the 2024 presidential cycle saw some $11.2 billion spent on ads. Time quoted Brendan Glavin, the director of insights at OpenSecrets, saying, “It is important to keep in mind that having the most, and spending the most, does not guarantee you wins,” and it added that candidates still need enough money “to compete” and to get their name out.
Time also reported that Republicans significantly outspent Democrats in Senate races at $233 million to $121 million on broadcast television ads across nine of the tightest upper-chamber races last month, according to AdImpact. Time said AdImpact data attributed $947 million to Republicans and $625 million to Democrats in races categorized as “toss-ups” by the Cook Political Report, including ads that have not yet been aired.