Debt Desk — Debt Desk — October 7, 2026: Midterm Money, Media Rights and a Better Rate Tape
Good morning. It is Wednesday, October seventh.
Republicans are entering the final month of the midterm campaign with an unusual problem: roughly one billion dollars of available political money may still not be enough to prevent major losses.
The money is spread across several groups. The largest pool belongs to the Trump-aligned MAGA Incorporated, which had nearly 416 million dollars in cash at the end of August. But timing is reducing the value of that advantage. Republican campaign officials told the Associated Press that some Trump-connected groups waited until September to reserve…
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