Donald Trump plans to spend up to $500 million from his political operation to support Republican candidates in the midterm elections.
President Donald Trump stated that he intends to allocate approximately $500 million from his political operation to assist Republican candidates during the upcoming midterm elections. The administration announced that the MAGA Inc. political action committee, which currently holds over $400 million in cash, will be used to provide support for competitive House and Senate races.
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President Donald Trump noted that he will personally determine where to direct the funding, specifically targeting candidates he believes can win. While the MAGA Inc. PAC has spent sparingly since the beginning of the year, the amount of cash on hand is larger than the reserves of any major party committee. The administration announced that the spending will occur over the next two months. President Donald Trump also indicated that he would continue to campaign for various Republican candidates, including a trip to Alaska to support Senator Dan Sullivan. He noted that he expects to retain funds for future political activity in 2028.
Sources
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Donald Trump’s midterm strategy? Make it all about him | Robert Reich
theguardian.com
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Trump says he will spend up to $500 million of 'my money' to help Republicans in midterms
CNBC