President Donald Trump uses a gavel at the White House in Washington, D.C., July 4, 2025. REUTERS/Leah Millis
President Donald Trump and the GOP are widely expected to take some bruising losses in the 2026 midterms amid their tanking policy, but according to a new report from NOTUS, they retain one "unprecedented" advantage that is "keeping Democrats up at night."
In a report published Thursday morning, NOTUS revealed that, though voters have turned on Republicans to a major degree under Trump, the party still has a massive "cash advantage" over the Democrats, and one which is still growing. Mike Smith, president of the House Majority PAC, a committee affiliated with House Democratic leader Hakeem Jeffries, warned that the degree to which the GOP holds this advantage has not sunk in with people yet and suggested that it could be enough to swing certain races.
“I don’t think it has broken through, the level of money that Donald Trump and Republicans are sitting on as it compares to Democrats,” Smith warned. “I don’t think there’s a comprehensive understanding of both the level of disparity and what that could mean in terms of us being able to win the House."
He added further, "It’s a real concern, and I think it could definitely swing the election. It could definitely swing House races.”
The exact amount that the GOP has in its war chest compared to the opposition is not known, but one anonymous Democratic strategist estimated that the difference might be as high as $500 million. This "unprecedented" level of fundraising has been "driven by Trump-backed super PACs, wealthy special interests and the Republican National Committee," with the RNC in particular boasting $100 million more in funding than the Democratic National Committee.
Trump's personal PAC, MAGA Inc., has also been funneling huge sums of cash into GOP races from its own $312 million in cash-on-hand. NOTUS reported that this PAC's fundraising has seen major contributions from "Artificial intelligence executives, cryptocurrency moguls and other donors who have little or no history of federal political contributions."
The exact amount that MAGA Inc. plans to spend on the midterms is being kept a secret for the time being. Democrats are said to be majorly concerned about the spending disadvantaged, especially because, as NOTUS highlighted, they held the advantage in the last midterms when Trump was in power from 2018, when they made historic gains and flipped the House majority.
“Trump’s money advantage is one of the biggest differences from 2018,” Jesse Ferguson, a veteran Democratic strategist, said. “And one of the biggest things that should be keeping Democrats up at night.”
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