Democratic candidates are raising more money than Republicans in several key 2026 races, but Republican-aligned groups hold a major overall advantage in available cash.
Federal Election Commission filings reviewed by The New York Times show GOP committees and allied groups have about $843.6 million on hand, compared to $243 million for Democrats.
After accounting for debts, this means the GOP has a $600 million advantage going into November.
The advantage is concentrated at the party and super PAC level.
The Republican National Committee reported $116.8 million in cash, while the Democratic National Committee showed a $4.5 million deficit.
Republicans Have One Midterm Edge, and It’s Worth $600 Million pic.twitter.com/pMh52iiLr7
— Teddy Schleifer (@teddyschleifer) April 22, 2026
MAGA Inc., a super PAC aligned with President Donald Trump, holds about $347.8 million.
Its Democratic counterpart, Future Forward, has been less active this cycle despite heavy spending in 2024.
FEC: CASH ON HAND
🔴 MAGA Inc — $312M
——
🔴 SLF — $166.4M
🔴 RNC — $116.8M
🔴 CLF — $91.4M
🔴 NRCC — $78.2M
🔴 NRSC — $43M
——
🔵 SMP — $74.8M
🔵 DCCC — $70M
🔵 HMP — $63.9M
🔵 DSCC — $36.5M
🔵 DNC — $13.9M ($18.4M debt)
——
Total
🟥 GOP/Trump: — $807.8
🟦 Democrats — $259.1M— InteractivePolls (@IAPolls2022) April 21, 2026
The filings also do not include funds held by nonprofit groups that can transfer money into campaigns.
In addition, political groups tied to cryptocurrency and artificial intelligence sectors have an estimated $232 million available.
Republicans could also benefit if the Supreme Court allows party committees to coordinate more closely with candidates, which would expand how funds are deployed.
As it stands, current polling does not point to a good night for Republicans in November.
According to latest the RealClearPolling average, Democrats hold a 5.9 point lead on the generic congressional ballot, with only 34.2 percent of Americans believing the country is going in the right direction.
Ben Kew is a writer and editor. Originally from the UK, he moved to the U.S. to cover Congress for Breitbart News and has since gone on to editorial roles at Human Events, Townhall Media, and Americano Media. He has also written for The Epoch Times, The Western Journal, and The Spectator.
You can email Ben Kew here, and read more of Ben Kew’s articles here.
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