Trump Just Unleashed Tens of Millions on Tight Races While Democrats Took Out A Loan

The contrast couldn’t be starker. Trump’s personal PAC holds over $400 million in cash, has raised over $100 million in 2026 alone, and just got the green light to surge approximately $30 million into tight House and Senate races heading into November. The final amount hasn’t been announced yet — $30 million is the first drop. More is coming.

Meanwhile, the Democratic National Committee — the party that spent years lecturing America about the corrupting influence of money in politics — is functionally broke. In March, the RNC had a 7-to-1 cash advantage over the DNC. By July, the DNC was using its own headquarters as collateral for a $15 million loan. A national political party mortgaging its office building with 80 days until the election it’s supposed to be organizing.

This is what losing looks like before the votes are counted. The financial gap is now so large it’s structurally decisive in ways that don’t show up in generic ballot polling. Money buys ground game. Money buys television. Money buys the ability to go on offense in districts you’re not supposed to be competitive in — forcing the opposition to spend defensive resources it doesn’t have.

Republicans were already granted a significant additional win in June when the Supreme Court ruled that limits on coordinated spending between parties and candidates violated the First Amendment. That ruling, combined with Trump’s PAC unleashing $30 million and the RNC sitting on $128 million, gives Republicans a financial infrastructure for this midterm that Democrats simply cannot match.