Can $1 billion buy victory in the midterm elections? Some Republicans fear the answer is no

Economic Times - Oct 7, 2026

Republicans enter the final month before the midterms with a major cash advantage but growing concern that late spending may not offset voter dissatisfaction over Trump, the cost of living and the Iran war. Trump-aligned groups are pouring money into competitive Senate and governor races, but the late ad buys are far more expensive, raising doubts over how effectively the party can translate its roughly $1 billion war chest into electoral gains.

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