Former President Donald Trump’s super PAC donated $20 million this month to another PAC responsible for supporting Trump’s endorsed candidates.
MAGA-Inc is another PAC fueling Trump-endorsed GOP candidates in tight midterm races across the country, and has invested heavily in contentious races wherein the GOP appears to be losing steam.
Though MAGA-Inc filed its articles of organization just one month ago, the organization has raised more than $32 million, receiving an additional $8.9 million from another Trump-allied PAC and $1.5 million from donor Timothy Mellon.
MAGA-Inc made several million-dollar ad buys this month in Senate races across Arizona, Georgia, Nevada, Ohio, and Pennsylvania. In each of those battleground states, Trump-endorsed candidates have begun to lag behind Democratic opponents in fundraising power.
The end-game financial plays by Trump and his allied PACs come amid a contentious and record-breaking midterm election cycle, which appears set to surpass even the 2020 presidential election in terms of campaign monies spent.
Whereas some $9.02 billion was spent during the 2020 election cycle, it is projected that the 2022 cycle will surpass $9.67 billion, according to competitive intelligence firm AdImpact.
For comparison, the 2016 presidential election between Trump and former Secretary of State Hillary Clinton saw $2.57 billion in campaign spending.
“In 2020 we saw historic amounts of political ad spending in House races and expect that precedent to be the new norm.”