Trump super PAC cash grows to $415.8 million as midterm spending lags

September 22, 2026 at 03:58 AM3 min

This digest was compiled by AI from multiple sources — links to the originals are below.

MAGA Inc., President Donald Trump's flagship super PAC, ended August with $415.8 million in cash, up from $403.5 million at the start of the month, according to a Federal Election Commission filing. The group raised $23.7 million and spent $11.4 million in August, even as Republican candidates press Trump to deploy more of the funds with six weeks before the 2026 midterm election. Trump said on Sept. 4 he planned to spend $400 million to $500 million from MAGA Inc., but the PAC has disclosed only about $15 million in September spending so far.

Key Facts

MAGA Inc. ended August with $415.8 million in cash, up from $403.5 million at the start of the month, according to a Federal Election Commission filing.
The super PAC raised $23.7 million and spent $11.4 million in August, with contributions including $10 million combined from Cameron and Tyler Winklevoss.
Trump said on Sept. 4 he planned to deploy $400 million to $500 million from MAGA Inc. to help Republicans in November.
Two super PACs created Sept. 1, No Going Back PAC Inc. and Safety & Affordability PAC Inc., have reserved at least $126 million in advertising.
MAGA Inc. has reported about $15 million in spending in the Texas Senate race so far in September.

Cash Reserves

MAGA Inc. ended August with about $415.8 million in cash, more than $12 million above the $403.5 million it held at the beginning of the month, according to a Federal Election Commission filing posted late Sunday. The super PAC reported raising about $23.7 million while spending $11.4 million in August, taking in more than twice as much as it spent. Contributors included cryptocurrency billionaires Cameron and Tyler Winklevoss, who gave $10 million combined; NASA Administrator Jared Isaacman, who gave $2 million; and Trousdale Ventures CEO Phillip Sarofim, who gave $1 million.

Spending Pressure

Trump said on Sept. 4 he planned to deploy $400 million to $500 million from MAGA Inc. to help Republicans in November, but more than two weeks later the PAC has publicly disclosed only a fraction of that amount in spending. So far in September, the super PAC has reported about $15 million in spending in the Texas Senate race. A much larger Trump-linked advertising blitz is being booked through two super PACs created Sept. 1: No Going Back PAC Inc. and Safety & Affordability PAC Inc. The groups have reserved at least $126 million in advertising — about $98.5 million from No Going Back and $27 million from Safety & Affordability, according to AdImpact data and federal filings. No Going Back PAC shares a treasurer, address and phone number with MAGA Inc.

Republican Appeals

Sen. John Kennedy, R-La., said on Fox News in late August, "We need help from the president," and expressed hope Trump would spend "$100 or $200 million in Texas." Senate Majority Leader John Thune, R-S.D., made a similar public appeal Sept. 1, saying Trump and his allies' resources "need to be brought to bear on Texas." Thune added on Fox News, "We flat have to win there." Republicans are trying to retain control of the House and Senate, while Democrats are trying to take it.