Republican Senate candidates are hurting for cash.
Nearly every Democratic candidate in battleground Senate races outraised their GOP opponent from July through September. And in some cases, the disparities were stark.
- In Texas, Democrat James Talarico trounced Republican Ken Paxton $60.2 million to $10.2 million in their main campaign accounts.
- In Georgia, Democratic Sen. Jon Ossoff raised $33.1 million to Rep. Mike Collins’ nearly $2.8 million.
- In North Carolina, Democrat Roy Cooper raised $12.2 million to Michael Whatley’s $2.1 million.
- In Michigan, Democrat Abdul El-Sayed hauled in roughly $33 million to former Rep. Mike Rogers’ nearly $10 million.
- In Maine, Democrat Troy Jackson raised $20.5 million to GOP Sen. Susan Collins’ $5.2 million.
- In Ohio, Democratic former Sen. Sherrod Brown hauled in $23.1 million to GOP Sen. Jon Husted’s $4.8 million.
- In Iowa, Josh Turek raised $13.9 million to Republican Rep. Ashley Hinson’s nearly $3.3 million.
- In Alaska, Democratic former Rep. Mary Peltola raked in $17 million to GOP Sen. Dan Sullivan’s nearly $2.7 million.
- In New Hampshire, Democratic Rep. Chris Pappas brought in $8.1 million to Republican former Sen. John E. Sununu’s $1.5 million.
- And in Kansas, Democrat Adam Hamilton raised nearly $9.9 million to GOP Sen. Roger Marshall’s just $866,000.
Across those 10 Senate races, the Democratic campaigns raised more than five times as much as the Republican ones. Put another way: Talarico alone raised more than all those Republicans combined.
Marshall and Whatley each started October with less than $1 million left in the bank. Mike Collins wasn’t much better-positioned, entering the final weeks of the election with just over $1 million cash on hand.
These numbers do not include joint fundraising committees, which allow candidates to raise money and may have some more cash that has not yet been transferred to the campaigns.
Democrats have consistently outraised Republicans on the candidate level this cycle. But the yawning gaps heading into the midterm’s home stretch stand as the latest example of the deteriorating environment for the GOP.
And while GOP outside groups have significantly more money than Democrats, this candidate cash advantage matters because candidates get TV ads for much cheaper rates, letting their dollars stretch much farther.
To underscore how lopsided some of these figures are: At least half a dozen House Democratic challengers raised over $3 million in the third quarter — a sum higher than several GOP Senate incumbents.
There are some silver linings for the GOP.
In Minnesota, Republican Michele Tafoya raised $4.9 million to Democratic Lt. Gov. Peggy Flanagan’s $4.3 million. Tafoya started the month with $2.1 million to Flanagan’s $1.5 million.
Sullivan, Husted, Hinson, Rogers and Susan Collins all entered October with millions more in cash on hand than their Democratic opponents.
And Republicans are getting air cover from GOP super PACs bankrolled by billionaire Elon Musk and President Donald Trump’s MAGA Inc. that have pumped hundreds of millions of dollars into the midterms in recent weeks.
Musk was revealed on Thursday as the primary funder of Texas PAC, which has spent $131 million so far boosting Paxton and attacking Talarico. Musk gave $158 million to Senate Republicans’ super PAC arm last quarter, the filings showed, with the group in turn transferring the funds to the pro-Paxton PAC.
Republicans are also benefitting from a recent Supreme Court ruling that allows party committees to spend unlimited sums in coordination with candidates, allowing the National Republican Senatorial Committee to offset at least some of the differences.
Since the tranche of reports filed Thursday only cover until Sept. 30, the full scope of each candidates’ coffers is unknown.
But there are other signs that some are strapped for cash in the final sprint: Whatley has gone dark on television, a clear indication of him running low on funds even as his campaign insists it’s a temporary pause.