Republicans may be trailing Democrats in national and battleground polling, but their financial position tells a very different story ahead of the 2026 US midterm election. The Republican Party’s three national campaign committees entered September with approximately $233.4 million in cash. That was about $103 million more than the roughly $130.4 million available to their Democratic counterparts, according to a CNBC analysis of newly filed Federal Election Commission reports.
The disparity gives Republicans considerable room to support vulnerable candidates, launch late advertising offensives and move money into contests that unexpectedly become competitive during the final weeks.