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Pac Spending

All articles tagged with #pac spending

Trump pledges up to $500M from MAGA Inc. to back GOP in 2026 midterms
politics1 month ago

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

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.

politics1 month ago

Progressive Wahab Secures Swalwell’s Seat Amid Spending Clash

Progressive Aisha Wahab defeated moderate Democrat Hernandez in CA-14 to win the remainder of Eric Swalwell’s term, despite more than $6 million in outside PAC spending including groups tied to AIPAC. The result underscores ongoing tensions between progressive and establishment wings of the Democratic Party and sets up a November rematch in a newly drawn district.

politics6 months ago

La Shawn Ford Clinches IL-7 Democratic Nomination to Succeed Danny Davis

Illinois state Rep. La Shawn Ford won the crowded Democratic primary to succeed retiring Rep. Danny Davis in Chicago’s 7th District, emerging as the favorite for November after Davis endorsed him. The race drew national attention and heavy outside spending, including a crypto-funded PAC that spent about $2.5 million against Ford over his crypto-regulation stance, as Ford pledged to continue Davis’ legacy and push federal funding for district health services and education.

"Report: Trump Used $50 Million in Donor Funds for Legal Expenses in 2021"
politics2 years ago

"Report: Trump Used $50 Million in Donor Funds for Legal Expenses in 2021"

Donald Trump's political action committees spent $50 million on his legal defense in 2023, with Save America PAC operating as a legal slush fund for the former president. Despite facing a mountain of legal bills from civil and criminal cases, Trump continues to rake in millions in donations by fundraising off his legal indictments. The significant spending on legal fees has not deterred Trump's momentum toward securing the Republican nomination for the 2024 election.