Campaign money · 2025–26

All the money

Every dollar federal campaigns reported for 2025–26: candidates, party committees, PACs, super PACs and outside spending. Money passed from one committee to another is counted once, where it first came in.

Federal campaign money, 2025–26
$13.1B
Candidates and party committees: D $2.79B · R $1.64B
Outside spending, 2025–26
$2.39B
Independent expenditures plus electioneering communications
State campaign money, 29 states
$3.02B
Raised by candidates: all state races in 29 states, from state records. Not part of the federal figure.

Some political spending is legally undisclosed and isn’t counted here.

Candidates

WhoRaisedSpentCash on handDebtsRaised by partyAs ofSource
House candidates$2,339,740,981.43$2,099,259,096.99$729,007,307.53$442,462,280.25D $1.31B · R $1.02B · other $16MOctober 22, 2026FEC
Senate candidates$1,502,349,569.66$1,360,020,382.68$533,333,072.17$270,498,315.20D $979M · R $469M · other $54MOctober 22, 2026FEC
Presidential candidates$195,680,669.93$198,552,216.21$4,124,464.18$30,684,306.98D $192M · R $469K · other $3MOctober 15, 2026FEC

Where candidates’ money came from

Party committees

WhoRaisedSpentCash on handDebtsRaised by partyAs ofSource
RNCRepublican National Committee$341,469,766.66$303,338,969.71$76,195,944.94$0.00RepublicanOctober 14, 2026FEC
NRCCNational Republican Congressional Committee$263,840,565.88$228,418,327.17$46,506,354.45$0.00RepublicanOctober 14, 2026FEC
DCCCDemocratic Congressional Campaign Committee$256,779,923.76$250,326,102.48$30,686,413.37$0.00DemocraticOctober 14, 2026FEC
DNCDemocratic National Committee$243,779,248.30$246,729,761.71$19,171,976.37$15,000,000.00DemocraticSeptember 30, 2026FEC
NRSCNational Republican Senatorial Committee$237,800,272.68$215,331,004.77$25,203,427.06$20,000,000.00RepublicanOctober 14, 2026FEC
DSCCDemocratic Senatorial Campaign Committee$216,426,912.86$207,175,826.96$20,669,062.78$15,000,000.00DemocraticOctober 14, 2026FEC
State and local parties (federal accounts)$783,113,066.90$511,768,609.34$102,539,609.10$4,642,928.58D $368M · R $156M · other $258MOctober 14, 2026FEC

Coordinated party expenditures (spent by parties in coordination with their candidates): $342,934,346.68. Transfers from state parties’ non-federal accounts: $121,192,670.38.

PACs

WhoRaisedSpentCash on handDebtsRaised by partyAs ofSource
Connected PACsCompany, union and trade-group PACs. Gave to candidates: D $134M · R $168M · other $5.7M$1,092,162,992.30$1,050,629,159.79$621,822,532.37$7,792,609.14D $36 · R $0 · other $1.09BOctober 22, 2026FEC
Non-connected PACsIdeological and issue PACs. Gave to candidates: D $17M · R $19M · other $1.1M$446,253,213.32$446,292,891.65$117,138,435.65$6,059,678.75D $82M · R $23M · other $341MOctober 20, 2026FEC
Leadership PACsPACs run by officeholders. Gave to candidates: D $22M · R $32M · other $2.1M$371,829,969.63$334,861,793.68$157,164,330.01$4,629,550.02D $8.3M · R $93M · other $271MOctober 22, 2026FEC

Connected PACs by sponsor: unions $395M · companies $378M · trade groups $158M · membership groups $154M · cooperatives $7.5M raised.

PACs’ raised money is not split by party; the note under each line shows where their contributions to candidates went.

Super PACs and hybrid PACs

WhoRaisedSpentCash on handDebtsRaised by partyAs ofSource
Super PACsIndependent expenditures reported: $1,886,896,178.78$4,747,402,792.20$4,106,532,446.36$1,078,392,499.89$21,910,124.60D $13M · R $2.5M · other $4.73BOctober 22, 2026FEC
Hybrid PACsIndependent expenditures reported: $465,587,966.22$2,397,059,458.15$1,833,345,291.89$756,439,096.10$14,052,462.36D $21M · R $4.8M · other $2.37BOctober 15, 2026FEC

Super PACs’ raised money is not split by party; outside spending below shows whom it was spent for and against.

Largest organizational donors to the biggest super PACs

Companies, unions, PACs and other organizations only. People who give are counted in the totals but are never named here. A pass-through donor is an LLC or a group that reports political spending as a non-committee: the original source of its money is not disclosed.

SLF PAC · raised $545,581,108.72
  • A16Z CAPITAL MANAGEMENT LLC. pass-through donor$1,500,000.00
  • EWB SERVICES LLC pass-through donor$500,000.00
  • AH CAPITAL MANAGEMENT LLC pass-through donor$250,000.00
  • VEHICLE LEASING HOLDINGS LLC pass-through donor$100,000.00
  • DALFORT CAPITAL MANAGEMENT LLC pass-through donor$10,000.00

FEC filings

SMP · raised $324,936,219.18
  • WINSENATE$1,125,000.00
  • THE DURST ORGANIZATION LP$400,000.00

FEC filings

CLF · raised $257,617,542.84
  • GROW THE MAJORITY$537,944.54
  • EMMER MAJORITY BUILDERS$120,594.60
  • DEFEND OUR MAJORITY$92,886.43
  • LLOG EXPLORATION COMPANY LLC pass-through donor$5,000.00
  • FIRST IN FREEDOM PAC$5,000.00
  • EYE OF THE TIGER PAC$5,000.00
  • AMERICAN REVIVAL PAC$5,000.00
  • ELECTING MAJORITY MAKING EFFECTIVE REPUBLICAN (EMMER) PAC$5,000.00

FEC filings

HMP · raised $250,404,140.71
  • BALDACCI VICTORY FUND$6,939.98

FEC filings

AMERICA PAC · raised $215,977,673.63
  • UNITED STATES OF AMERICA INC$30,188,765.70
  • EXCESSION LLC pass-through donor$3,323.67

FEC filings

FAIRSHAKE · raised $138,243,957.16
  • AH CAPITAL MANAGEMENT$23,800,000.00

FEC filings

WINSENATE · raised $107,311,058.08
  • SMP$21,120,000.00

FEC filings

DEFEND AMERICAN JOBS · raised $107,294,280.07
  • FAIRSHAKE$37,000,000.00
  • AH CAPITAL MANAGEMENT LLC pass-through donor$100,000.00

FEC filings

Outside spending

For and against, by party

The FEC has matched $892,269,004.60 of this to the candidates it was spent for or against so far; the rest is still being processed.

Independent expendituresForAgainst
Democratic candidates$293,821,770.92$146,388,735.58
Republican candidates$219,497,742.72$227,397,258.78
Other candidates$3,917,361.92$1,246,134.68
Matched to candidates$892,269,004.60

FEC totals of independent expenditures by candidate, retrieved October 24, 2026 (FEC). They come from the spenders’ regular reports; spending so recent that it appears only in 24- and 48-hour notices is not included yet.

Sources: FEC electioneering communications; FEC communication costs.

Money that is only partly visible

527 political organizations (IRS)Itemized contributionsItemized spendingAs ofSource
619 organizations that report to the IRS, not the FEC (count)Largest: Democratic Governors Association $191M · Republican Governors Association $185M · Republican State Leadership Committee - RSLC $83M · Republican Attorneys General Association $55M · Democratic Attorneys General Association, Inc. $49M · American Technology Excellence Project $45M$1,284,999,595.00$1,226,876,344.00September 30, 2026IRS Form 8872 data

These groups (such as the governors’ associations) mostly work on state races. Their Form 8872 reports list contributions and spending of $200 or more, so smaller amounts are not included. They are shown on their own line and are not added to the federal total. Donation platforms’ non-federal accounts, which pass money on to state campaigns, are left out.

Some political spending is legally undisclosed and isn’t counted here.

Shown but not added in

WhoRaisedSpentCash on handDebtsRaised by partyAs ofSource
Joint fundraising committeesRaise money and split it among their members. Counted once when raised; the $869,396,011.86 they passed on is taken out of the receiving committees.$1,278,674,223.47$1,232,820,867.54$123,985,331.78$1,555,342.95D $4.5M · R $32M · other $1.24BOctober 21, 2026FEC

Donation platforms that forward contributions earmarked for candidates and committees: ACTBLUE $2,546,952,947.58, WINRED $907,590,234.20. The receiving campaigns report that money as their own contributions, so it is counted there and not again here.

How we built this total

The total starts with every receipt reported to the FEC by federal candidates, party committees, PACs, super PACs and joint fundraising committees in 2025–26 (the FEC’s committee summary file, download, last updated Fri, 23 Oct 2026 10:13:52 GMT). Then:

  1. Receipts reported by every federal candidate, party, PAC, super PAC and joint fundraising committee$16,714,363,627.13
  2. Less transfers from other committees (joint fundraising distributions, party and affiliated transfers)−$1,340,680,882.66
  3. Less contributions received from party committees−$63,744,422.61
  4. Less contributions received from PACs and other committees−$2,002,631,513.35
  5. Less contributions refunded to donors−$160,711,404.72
  6. Less refunds and rebates received (offsets to operating expenditures)−$101,403,240.34
  7. Less repayments received on loans the committee made−$4,097,700.00
  8. Plus spending by groups that are not political committees (independent expenditures, electioneering communications and communication costs)$19,070,317.98
  9. Federal campaign money, counted once$13,060,164,781.43

Each subtraction removes money that already counted once at another committee, or money that came back to the same committee. Donation platforms (ActBlue, WinRed) are left out because the campaigns they forward money to report it themselves. Loans are counted as money raised; repaying them is not counted as spending. The Democratic and Republican figures cover candidates and party committees only, after the same subtractions. Contributions from committees that do not report to the FEC (some state and local groups) are also subtracted, so the total may slightly understate new money. The FEC’s own statistics publish raised and spent by committee type without removing every transfer between types, so they add up to more than this total.

State and local money

All state races in 29 states, from each state’s own campaign finance records. Where a state’s records are read in full, its page lists every state and local race, party committee, PAC and ballot-measure committee it reports. State money is kept separate from the federal total, and the figures here are what candidates raised; party, PAC and ballot-measure money is on each state’s page.

StateCoversCandidates raisedSpentCash on handRaised by partyThroughSource
CaliforniaAll state races973 candidates (count)$620,884,108.78$632,489,664.50$134,499,719.68Party not listedOctober 17, 2026California Secretary of State (CAL-ACCESS)
IllinoisAll state races2,827 candidates (count)$350,992,835.88$246,018,392.06$196,654,372.03D $270M · R $46M · other $35MOctober 21, 2026Illinois State Board of Elections
TexasAll state races1,586 candidates (count)$270,323,860.68$255,323,000.48$133,541,827.50Party not listedOctober 24, 2026Texas Ethics Commission
New YorkAll state races3,954 candidates (count)$268,717,014.82$149,643,632.78—Party not listedOctober 19, 2026New York State Board of Elections (data.ny.gov)
GeorgiaAll state races852 candidates (count)$247,566,718.94$258,625,921.68$44,941,106.41D $37M · R $195M · other $15M—Georgia State Ethics Commission
New JerseyAll state races1,555 candidates (count)$178,824,239.06$193,380,920.09—D $105M · R $56M · other $18M—New Jersey Election Law Enforcement Commission (ELEC), Reports and Data Search
MarylandAll state races1,876 candidates (count)$123,877,110.42$115,133,955.51$22,440,086.36D $101M · R $19M · other $3.5MOctober 18, 2026Maryland State Board of Elections (MDCRIS)
FloridaAll state races805 candidates (count)$114,154,971.94$74,482,754.78—D $29M · R $68M · other $17M—Florida Division of Elections
AlabamaAll state races324 candidates (count)$96,593,477.81$73,169,288.70$38,864,058.57Party not listedOctober 23, 2026Alabama Secretary of State, Fair Campaign Practices Act reporting (FCPA)
LouisianaAll state races1,546 candidates (count)$92,871,915.39$57,868,232.51—Party not listedOctober 24, 2026Louisiana Board of Ethics, campaign finance data downloads
ConnecticutAll state races420 candidates (count)$76,038,001.43$59,695,253.49—Party not listedOctober 20, 2026Connecticut State Elections Enforcement Commission (eCRIS)
North CarolinaAll state races1,418 candidates (count)$71,980,088.21$47,828,925.39—D $14M · R $22M · other $35MOctober 12, 2026North Carolina State Board of Elections, campaign finance (cf.ncsbe.gov)
TennesseeAll state races326 candidates (count)$66,646,417.75$52,506,302.80$30,492,140.88D $6.8M · R $46M · other $13MOctober 26, 2026Tennessee Registry of Election Finance
MassachusettsAll state races726 candidates (count)$65,855,409.91$59,969,749.29$38,392,613.79D $4.4M · R $745K · other $61MSeptember 30, 2026Massachusetts Office of Campaign and Political Finance (OCPF)
OklahomaAll state races851 candidates (count)$63,991,754.81$71,911,396.74—Party not listedOctober 21, 2026Oklahoma Ethics Commission (The Guardian)
South CarolinaAll state races1,004 candidates (count)$63,899,999.45$58,913,811.10$11,542,291.52Party not listedOctober 24, 2026South Carolina State Ethics Commission
IndianaAll state races462 candidates (count)$42,676,364.74$24,490,422.76—D $13M · R $28M · other $1.8MOctober 15, 2026Indiana Election Division, campaign finance (campaignfinance.in.gov)
NebraskaAll state races444 candidates (count)$38,160,286.90$30,611,285.48—Party not listedOctober 23, 2026Nebraska Accountability and Disclosure Commission
ArkansasAll state races1,132 candidates (count)$35,198,660.74$30,704,114.30$13,547,623.41D $3.3M · R $27M · other $4.6MOctober 24, 2026Arkansas Secretary of State (Public Disclosure and Filing Portal)
KansasAll state races398 candidates (count)$25,087,429.14$20,415,425.10$10,369,328.60Party not listedOctober 22, 2026Kansas Secretary of State (Campaign Finance Viewer)
KentuckyAll state races231 candidates (count)$22,067,930.49$13,447,151.67—Party not listed—Kentucky Registry of Election Finance
Rhode IslandAll state races186 candidates (count)$21,104,176.83$19,513,933.06$7,086,635.86D $20M · R $882K · other $592KOctober 6, 2026Rhode Island Board of Elections (ERTS)
West VirginiaAll state races676 candidates (count)$16,580,785.66$15,220,644.62—D $2.2M · R $10M · other $4.1MOctober 18, 2026West Virginia Secretary of State, Campaign Finance Reporting System (cfrs.wvsos.gov)
IdahoAll state races774 candidates (count)$15,884,969.04$12,880,002.82$7,632,029.94D $2.3M · R $11M · other $2.6M—Idaho Secretary of State (Sunshine)
MontanaAll state races325 candidates (count)$7,892,058.85$6,597,948.93$1,295,030.79D $1.9M · R $4M · other $2MOctober 23, 2026Montana Commissioner of Political Practices, Campaign Electronic Reporting System (CERS)
DelawareAll state races311 candidates (count)$7,758,141.13$6,207,948.34—Party not listedOctober 23, 2026Delaware Department of Elections, Campaign Finance Reporting System (COMET)
UtahAll state races304 candidates (count)$7,738,174.13$6,467,344.07$5,117,688.59Party not listedOctober 22, 2026Utah Lieutenant Governor, Utah Disclosures (disclosures.utah.gov)
VermontAll state races335 candidates (count)$5,744,597.39$4,623,944.82—Party not listed—Vermont Secretary of State
North DakotaAll state races259 candidates (count)$4,799,197.85$465,165.32—D $590K · R $4M · other $251KOctober 24, 2026North Dakota Secretary of State, Campaign Finance Reporting System (cfrs.sos.nd.gov)
29 states$3,023,910,698.17

States whose own records could not be used yet

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