Democrats lead the polls. Republicans lead in cash heading into the midterms

Republicans are entering the final sprint to the 2026 midterm election trailing Democrats in national and battleground polls and defending much of the most competitive terrain in Congress. But on one critical measure, they hold a clear advantage: cash . The GOP's three national committees entered September with roughly $233.4 million in cash on hand, nearly double the $130.4 million held by their Democratic counterparts, according to a CNBC analysis of newly filed Federal Election Commission reports. And that does not include the biggest Republican-aligned war chest: President Donald Trump's MAGA Inc. super PAC, which entered September with nearly $416 million in the bank. Two Trump-linked groups, No Going Back PAC Inc.