President Donald Trump’s MAGA Inc. super PAC went from quiet to one of the cycle’s biggest spenders in September — and still has massive cash reserves, according to new data released late Tuesday.
It spent over $200 million primarily to two affiliates, Safety & Affordability PAC and No Going Back PAC, which respectively received transfers of $25 million and $150 million from MAGA Inc. in September and have gone on to boost GOP candidates.
MAGA Inc. started the month with over $415 million in cash on hand and raised about $24 million.
The spending represents major engagement in the midterm election, following Trump’s earlier promises to pour “probably $400, $500 million” into the midterms from his MAGA Inc. PACin September. He said on Tuesday on Truth Social “I have spent, or will be spending, over 400 Million Dollars by Election Day.”
Even with the massive spending — MAGA Inc. and the two affiliates have collectively forked out $244 million in independent expenditures — the network would have close to $200 million in the bank based on its total fundraising, which has exceeded $470 million since its inception in late 2024.
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