Updated Oct 29

The President's Super PAC

MAGA Inc. held $164.3 million on 14 October, its last report before the vote; anything spent after that will not be public until December. It had moved $225 million to two allied super PACs, No Going Back and Safety & Affordability.

Those PACs' 24-hour notices show where the money went in the final fortnight. No Going Back's largest buys are against House Democrats in Florida, Montana, Pennsylvania and Texas, and against Chris Pappas in New Hampshire's Senate race. Safety & Affordability's are against Democrats in Michigan, Arizona, Texas, Maine and Wisconsin. MAGA Inc.'s own largest, $7.2 million on 21 October, went against James Talarico in Texas. No Going Back also cancelled more than $1 million booked for Jennifer Balkcom, the Republican in North Carolina's 11th District.

The tracker AdImpact puts the three PACs' planned advertising at about $315 million. The president has said more than $400 million will be spent by Election Day; that is checkable when the post-general report is filed on 3 December.

A second complaint, from Common Cause, says ads the president directs are coordinated rather than independent. The FEC still has too few members to act on it.

New Oct 29

The whole story5 chapters

The state of it — as of October 29, 2026

$ million, 2025–26 cycle to date

Cash on hand

Raised, cycle to date

Spent, cycle to date

FEC coverage date

What MAGA Inc. has raised, spent and held this cycle, at each report filed with the FEC. Spent includes money moved to allied super PACs. Filed figures only.

164.3

million dollars held by MAGA Inc., as last filed
308.9 spent or moved to allied PACs this cycle
−74.4 since Sep 2026

$225m

moved by MAGA Inc. to two allied super PACs, 1 September to 13 October

2 of 6

FEC commissioners seated; four are needed to act on a complaint

Earlier this month

NewOct 26, 2026

In the Final Fortnight, the Allied PACs’ Largest Filed Buys Are Against House Democrats

Twenty-four-hour notices filed since 15 October show No Going Back PAC’s largest buys against House Democrats Jared Moskowitz (FL-25, two of $2.8 million), Kathy Castor (FL-14), Samuel Forstag (MT-01), Janelle Stelson (PA-10) and Johnny Garcia (TX-35), plus $1.9 million against Chris Pappas in New Hampshire’s Senate race. Safety & Affordability PAC’s largest are against William Lawrence (MI-07, $2.85 million), Amish Shah (AZ-01) and Democrats in TX-34, TX-15, ME-02 and WI-03. MAGA Inc.’s own largest was $7.2 million against James Talarico in Texas, bringing its filed total there to $37.6 million. No Going Back filed 533 such notices.

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Federal Election CommissionFederal Election CommissionFederal Election Commission

NewOct 22, 2026

Trump-Aligned PAC Cancels More Than $1 Million in Ads for a North Carolina House Candidate

No Going Back PAC, funded almost entirely by MAGA Inc., cancelled more than $1 million in television advertising it had booked to support Jennifer Balkcom, the Republican in North Carolina’s 11th District: about $918,200 at WLOS and at least $155,150 at WYFF, by the stations’ records, including spots in 1 November NFL games. Its last ads for her ran on 20 October. The party’s House committee booked $81,500 at WLOS for the final week.

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Asheville Watchdog

Oct 20, 2026

MAGA Inc. Pays Out $276 Million in Six Weeks, Most of It to Two Allied Super PACs

Reports MAGA Inc. filed with the FEC on 20 October show it paid out $276.5 million between 1 September and 14 October, more than eight times what it had spent in the cycle before. Most of it was moved rather than spent directly: $200 million went to No Going Back PAC in six transfers and $25 million to Safety & Affordability PAC, the two super PACs registered on 1 September. Its own independent expenditures over the period were $33.8 million, and it paid $16.2 million for digital advertising it describes as “voting education”. It raised $25 million in the same weeks and held $164.3 million on 14 October, down from $415.8 million at the end of August. Counting each dollar once, it and the two PACs had spent about $293 million by 14 October.

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Federal Election CommissionFederal Election CommissionFederal Election CommissionFederal Election CommissionFederal Election CommissionFederal Election CommissionAssociated PressCNBCPolitico EuropeFactCheck.org

Oct 20, 2026

No Going Back PAC Spends $192 Million, Mostly Against Democratic Senate Candidates

No Going Back PAC, funded almost entirely by MAGA Inc., had spent $191.6 million by 14 October, and Safety & Affordability PAC $17.2 million of its $25 million, per FEC filings. No Going Back’s largest buys oppose the Democratic Senate candidates Abdul El-Sayed in Michigan, Sherrod Brown in Ohio and Roy Cooper in North Carolina. By CNBC’s count it spent nearly $30 million in Michigan, $27.8 million in Ohio, $11.8 million in New Hampshire and $9.9 million in North Carolina, plus about $24 million in four House districts. Safety & Affordability’s largest sum, $3.76 million, was in Arizona’s 1st District.

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Federal Election CommissionFederal Election CommissionFederal Election CommissionCNBCAssociated Press

Oct 20, 2026

I have spent, or will be spending, over 400 Million Dollars by Election Day. More than 300 Million Dollars has already been spent on Advertising, Direct and Indirect Voter Contact, Rallies, Rally Arenas, Telerallies, Get Out the Vote Programs, Election Integrity, and more.

— Donald Trump

Not yet checked

Not yet checkable: spending through Election Day is first filed in the post-general report. By 14 October, MAGA Inc. and the two super PACs it funds had spent about $293 million, counting money once (FEC). Some of the money is reportedly a non-profit’s, which files no such reports.

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Truth SocialThe Washington PostUSA TodayFederal Election CommissionFederal Election CommissionFederal Election Commission

Oct 13, 2026

MAGA Inc. Pulls Planned Spending From Two Republican House Seats

MAGA Inc. pulled planned spending from New Jersey’s 7th and Iowa’s 1st districts, both held by Republicans, Fox News reported, and a MAGA Inc. offshoot dropped nearly $1 million from Nevada’s 3rd. In the same week the Congressional Leadership Fund, the House Republicans’ main super PAC, cancelled its remaining advertising in both of the first two seats, the Associated Press reported.

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Fox NewsPBS NewsHour

Oct 13, 2026

MAGA Inc.’s Filed Spending Since September Is Almost All in Texas

Since 1 September MAGA Inc. has reported at least $31.3 million in independent expenditures in 48-hour notices to the FEC. Of that, $22.9 million opposed James Talarico and $7.5 million supported Ken Paxton in the Texas Senate race, in buys dated 4 September to 13 October. On 8 October it reported smaller buys against Democrats in the Michigan, Ohio and Iowa Senate races and in Virginia’s 1st District. Its reports filed on 20 October put all its independent expenditures from 1 September to 14 October at $33.8 million, the same spending itemised.

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Federal Election CommissionFederal Election CommissionThe HillCNBCFederal Election CommissionFederal Election Commission

Oct 8, 2026

MAGA Inc. Holds $415.8 Million and Has Spent $32 Million

MAGA Inc., the president’s super PAC, reported $415.8 million on hand at the end of August, having spent $32 million, according to its filing with the Federal Election Commission. It is the largest single pool of money in the election’s top tier of giving: CNBC found the twenty largest donors and donor groups had given $1.2 billion through 25 September, nine of the ten largest to Republican causes.

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Federal Election CommissionCNBC

NewOct 8, 2026

A Second Complaint Says Ads the President Directs Are Coordinated, Not Independent

Common Cause filed a second complaint with the FEC on 8 October, after the president wrote that he would pay for ads “myself, and with money I raised for MAGA, Inc.” It repeats the first complaint’s claim that he controls the PAC and adds that ads he directs and the PAC pays for may count as coordinated, and so capped, contributions. These are the complainant’s allegations. The FEC cannot act on either: it has two of six commissioners, and the president’s two nominees have waited since February for confirmation.

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SuperPACs.com

This quarter

Sep 21, 2026

Two New Trump-Linked Super PACs Reserve $126 Million

Two super PACs registered on 1 September, No Going Back PAC and Safety & Affordability PAC, had reserved at least $126 million in advertising between them — about $98.5 million and $27 million — according to AdImpact data and federal filings reviewed by CNBC. No Going Back PAC’s FEC registration lists the same treasurer as MAGA Inc.; CNBC reported that it also shares MAGA Inc.’s address and phone number. Neither committee lists the other as affiliated. A reservation is not spending.

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CNBCFederal Election CommissionFederal Election Commission

Sep 14, 2026

Watchdog Asks the FEC to Investigate Trump’s Control of MAGA Inc.

The Campaign Legal Center filed a complaint with the Federal Election Commission alleging that President Trump controls MAGA Inc., a super PAC that raises unlimited sums a federal officeholder may not direct. It cites his own words: “This is my money that I control.” MAGA Inc. denies any impropriety and says it complies with the law, CBS News reported. The complaint cannot be acted on. The commission has two of its six members and has lacked the four needed to open an investigation or issue a fine since spring 2025. It still collects and publishes reports.

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Campaign Legal CenterCBS NewsSuperPACs.comCampaign Legal Center

Sep 4, 2026

I think I have like close to $1 billion in the super PAC. And I’m allocating probably $400 or $500 million [to the midterms]. So I’ll be spending.

— Donald Trump Mixed

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NPRMS NOWFederal Election CommissionCampaign Legal Center

Covered since Sep 2026Read it from the start →