The bright side of the GOP’s big spending midterms bailouts: Elon Musk, the world’s richest person and already the biggest single donor this election cycle, poured even more money into midterm campaigns on behalf of Republicans in early October. The $445 million he has allocated this cycle makes him a unique force in American politics — but he’s not the only deep-pocketed power. A slew of Republican megadonors, super PACs and other outside spending are aligning to dwarf the amount that Democrat-aligned groups have on hand in the campaign’s final week
As stunning as the amounts are, there are drawbacks to the GOP’s reliance on big donors. The ways that money is being spent and for whom — especially on contests in historically red states — speak to long-term issues for the Republican Party. These factors appear to be keeping this enormous infusion of money from fatally damaging Democrats.
Much of Musk’s spending has gone to his super PAC, which The New York Times says has built “a sprawling canvassing program to try to turn out hard-to-reach Republican voters.” Musk’s America PAC is active in nearly three dozen House campaigns and seven Senate battlegrounds, the Times reports. Musk has almost singlehandedly helped keep Texas in play for Republican Senate nominee Ken Paxton. Musk’s $158 million donation to the Senate Leadership Fund, a Republican super PAC that backs senatorial candidates, got passed on to Texas PAC and has helped keep Paxton afloat amid a bruising campaign against Democratic state Rep. James Talarico.
As many beneficiaries of these GOP funding boosts are realizing, late money is often inefficient.
Meanwhile, President Donald Trump’s MAGA Inc. super PAC has finally begun spending its massive reserves. In federal disclosure forms published last week, the group reported $300.5 million in disbursements this election cycle. The Federal Election Commission documents include data through Oct. 14 and show that $75.5 million of MAGA Inc.’s total spending came during the first two weeks of the month. The group reported having $164.3 million on hand.
It’s a political axiom that… https://www.ms.now/opinion/musk-gop-super-pac-spending-midterms