Trump pledges up to $500M from MAGA Inc. to back GOP in 2026 midterms

1 min read
Source: CNBC
Trump pledges up to $500M from MAGA Inc. to back GOP in 2026 midterms
Photo: CNBC
TL;DR Summary

Trump said MAGA Inc. could spend as much as $400–$500 million to aid Republican candidates in the 2026 midterms, even though the PAC reported about $403.5 million cash on hand as of July 31. The money would come from MAGA Inc.’s non-contribution account and be used for independent spending rather than direct candidate contributions; Trump said he will decide where to deploy it and expects funds to remain for future elections. The PAC has spent relatively little so far this cycle, with plans to ramp up spending as the election nears and Trump suggesting upcoming campaign activity.

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