Trump's MAGA Inc. Reported Nearly $277 Million in Midterm Spending Since September
President Donald Trump's political groups have spent more than a quarter of a billion dollars to bolster Republicans in the final stretch of this year's midterm elections, an unprecedented amount for a sitting president, the Associated Press reports. Trump's flagship super PAC, MAGA Inc., has reported spending nearly $277 million since the beginning of September, according to new federal campaign finance filings.
The decision to wait until late in the cycle to begin advertising diluted the Trump team's spending power. MAGA Inc. still had more than $164 million in cash on hand as of Oct. 14, with plenty left to spend.
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The odd pairing is the point: a committee sitting on more than $164 million as of Oct. 14, yet buying its ads so late in the cycle that it weakened its own buying power. Late is a scheduling decision, not a budget one.
And the reporting line may not be the campaign's own line: Trump posted that he planned to spend over $400 million by Election Day, including $300 million he said was already spent on advertising, voter contact, rallies, tele-rallies and get-out-the-vote programs. That is his accounting, not the filings.