The Catch.A permanent record of checked claims
SeriesThe Texas Senate raceSeptember 5, 2026

MAGA INC. · September 5, 2026

MAGA Inc. files $10 million in Texas Senate ads, split against Talarico and for Paxton

The Saturday 48-hour notice to the Federal Election Commission is two $5 million independent expenditures to Del Ray Media LLC for connected TV and digital ads in the race for Sen. John Cornyn's seat. That $10 million is the filing, not an ad-tracking estimate, and it is not a contribution to Ken Paxton's campaign.

$10 millionindependent expenditures, FEC 48-hour notice
$5m / $5moppose Talarico / support Paxton
$403.5 millionMAGA Inc. cash on hand, July 31
Nov. 3Texas general election, 59 days from the ads

Story updated 2026-09-08.

This story rests on MAGA INC.'s September 5 48-hour notice (FEC file 2010907), the two 30-second spots saved from the MAGA War Room posts, checked by ear with local speech recognition and frame by frame on September 8, Paxton's July 31 Texas Promise video, MAGA Inc.'s 2025-26 Form 3X receipts, the committee's August monthly report covering July, the Federal Election Commission's candidate pages for the July quarterlies, the Commission's 2026 independent-expenditure bulk file saved September 8, MAGA INC.'s March 11 notice for a Georgia special election, Texas House Journal roll calls on property-tax bills in 2019, 2023, and 2025, both campaigns' issue pages saved September 8, the Texas Secretary of State's 2026 dates page, November 3 election-law calendar, independent-candidate list, and Candidate Bio Portal capture for the November general, the University of Texas / Texas Politics Project August poll and the TPPF/Overton August poll, MAGA Inc. and Ken Paxton's posts on X, and coverage checked against those records. The $10 million figure is the FEC filing. It is not an ad-tracking firm's estimate.

The filing, then the ads

What happened

On September 5, MAGA Inc.'s treasurer, Charles Gantt, signed a 48-hour notice to the Federal Election Commission. A 48-hour notice is the form a political committee files within two days of paying for, or committing to, spending like this in the run-up to an election. This one lists two lines of $5 million each to Del Ray Media LLC of Alexandria, Virginia, purpose "PLACED MEDIA: CONNECTED TV & DIGITAL ADVERTISING": one to oppose Talarico, one to support Paxton. Schedule E dates the disbursement or obligation September 4 and the public distribution September 5.12

  • On September 5, MAGA Inc.'s treasurer, Charles Gantt, signed a 48-hour notice to the Federal Election Commission. A 48-hour notice is the form a political committee files within two days of paying for, or committing to, spending like this in the run-up to an election. This one lists two lines of $5 million each to Del Ray Media LLC of Alexandria, Virginia, purpose "PLACED MEDIA: CONNECTED TV & DIGITAL ADVERTISING": one to oppose Talarico, one to support Paxton. Schedule E dates the disbursement or obligation September 4 and the public distribution September 5.12

The filing was the public step, not the first one. On September 1 the Associated Press reported that MAGA Inc. "has been testing ads for Paxton, including one criticizing Talarico over rural hospital policy, but the ad has yet to air," and that "it might run online or on digital channels instead of on television." Four days later the notice described the buy as connected TV and digital, and one of the two spots is the rural-hospital ad.962

  • The filing was the public step, not the first one. On September 1 the Associated Press reported that MAGA Inc. "has been testing ads for Paxton, including one criticizing Talarico over rural hospital policy, but the ad has yet to air," and that "it might run online or on digital channels instead of on television." Four days later the notice described the buy as connected TV and digital, and one of the two spots is the rural-hospital ad.962

An independent expenditure is money spent on a message that names a candidate and asks voters to elect or defeat that person, without giving the money to the campaign. MAGA Inc. is a hybrid political committee with a non-contribution account: one account limited by contribution caps and one unlimited account used for independent spending. The $10 million here is that kind of spending, not a check to Paxton's campaign committee. On the same notice Gantt certified, "under penalty of perjury," that the spending was "not made in cooperation, consultation, or concert with, or at the request or suggestion of, any candidate or authorized committee."5012

  • An independent expenditure is money spent on a message that names a candidate and asks voters to elect or defeat that person, without giving the money to the campaign. MAGA Inc. is a hybrid political committee with a non-contribution account: one account limited by contribution caps and one unlimited account used for independent spending. The $10 million here is that kind of spending, not a check to Paxton's campaign committee. On the same notice Gantt certified, "under penalty of perjury," that the spending was "not made in cooperation, consultation, or concert with, or at the request or suggestion of, any candidate or authorized committee."5012

Both spots are about taxes, and both end with the same line: "MAGA Inc. is responsible for the content of this advertising." The anti-Talarico spot says he "supported a trillion dollar tax hike, higher property taxes, and higher taxes on social security." The pro-Paxton spot says he "voted to make it easier to increase property taxes, supported a $4 trillion tax hike," and "supports a radical health care plan that could close rural hospitals." Both promise a Paxton plan: doubling the child tax credit, write-offs for medical expenses, and a $50,000 deduction for first-time homes. The words of both are below, and each claim is checked against the record further down.1314

  • Both spots are about taxes, and both end with the same line: "MAGA Inc. is responsible for the content of this advertising." The anti-Talarico spot says he "supported a trillion dollar tax hike, higher property taxes, and higher taxes on social security." The pro-Paxton spot says he "voted to make it easier to increase property taxes, supported a $4 trillion tax hike," and "supports a radical health care plan that could close rural hospitals." Both promise a Paxton plan: doubling the child tax credit, write-offs for medical expenses, and a $50,000 deduction for first-time homes. The words of both are below, and each claim is checked against the record further down.1314

Alex Pfeiffer, a spokesman for MAGA Inc., wrote the same day: "High Tax Talarico wants to take money out of Texans' pockets." Paxton posted that Talarico "has a record of raising taxes on working families" and thanked Trump for his support. JT Ennis, a Talarico campaign spokesperson, said in a statement carried by the Associated Press that "Billionaire-backed dark money groups are lying about James Talarico" and that Talarico "was proud to vote for the largest property tax cut in Texas history." The Texas Tribune added that Talarico's "economic plan includes raising taxes on corporations and billionaires and expanding tax credits for parents and lower-income workers."7867885

  • Alex Pfeiffer, a spokesman for MAGA Inc., wrote the same day: "High Tax Talarico wants to take money out of Texans' pockets." Paxton posted that Talarico "has a record of raising taxes on working families" and thanked Trump for his support. JT Ennis, a Talarico campaign spokesperson, said in a statement carried by the Associated Press that "Billionaire-backed dark money groups are lying about James Talarico" and that Talarico "was proud to vote for the largest property tax cut in Texas history." The Texas Tribune added that Talarico's "economic plan includes raising taxes on corporations and billionaires and expanding tax credits for parents and lower-income workers."7867885
The week, and what comes afterFrom the notice, the FEC filing calendar, and the Texas Secretary of State's dates.
DateDecision
Sep 4MAGA Inc. commits $10 million to Del Ray Media LLC for the ads the obligation date on the notice; the same day Trump says he has close to a billion dollars in the super PAC
Sep 5The 48-hour notice is signed and the two ads go public MAGA Inc., Paxton and Talarico post; AP, CBS, Fox, NBC, USA Today report it
Sep 6The Hill carries Gina Hinojosa welcoming the attention on Texas
Sep 8Talarico posts an ad with former Paxton aide David Maxwell a one-minute YouTube spot; a New York Times writeup the same day could not be opened
Sep 30Books close for the candidates' next FEC reports due October 15
Oct 14Books close for the pre-election reports due October 22
Oct 19Early voting in person begins
Nov 3Election day 59 days after the ads went public

Sixty days separate the commitment date and the election.26053

Here is the anti-Talarico spot in full, as the transcription heard it; the surname is spelled the way the recognizer wrote it.13

  • Here is the anti-Talarico spot in full, as the transcription heard it; the surname is spelled the way the recognizer wrote it.13
MAGA Inc. ad·September 5, 2026·30-second spot posted by MAGA War Room, captioned “James Talarico means higher taxes for Texas”

Tired of paying more in taxes? Ken Paxton pushing his new plan to make living more affordable for Texans. Paxton's plan, doubling the child tax credit, big write-offs for medical expenses, and a fifty thousand dollar deduction for first-time homes. James Talo Rico supported a trillion dollar tax hike, higher property taxes, and higher taxes on social security. Tallerico, higher taxes, Paxton, lower taxes. A clear choice.. MAGA Inc is responsible for the content of this advertising.13

Transcribed from the post on September 8

The pro-Paxton spot makes the same tax charge and adds the health care line.14

  • The pro-Paxton spot makes the same tax charge and adds the health care line.14
MAGA Inc. ad·September 5, 2026·30-second spot posted by MAGA War Room, captioned “When it comes to taxes, Ken Paxton is the better choice”

James Tallarico voted to make it easier to increase property taxes, supported a $4 trillion tax hike, and Talarico supports a radical health care plan that could close rural hospitals and cost thousands in new taxes. Ken Paxton supports tax cuts and has a plan to let you deduct medical expenses and the down payment on your home. When it comes to taxes, Ken Paxton's the better choice. MAGA Inc. is responsible for the content of this advertising.14

Transcribed from the post on September 8

The plan the spots credit to Paxton is his own July 31 video, which lists the deductions.40

  • The plan the spots credit to Paxton is his own July 31 video, which lists the deductions.40
Ken Paxton, Texas attorney general and Senate candidate·July 31, 2026·Paxton campaign video, YouTube

That's why I'm unveiling my protecting Texas Promise Agenda. It establishes a landmark $25,000 tax deduction for all out-of-pocket medical expenses, including insurance premiums. It creates a historic $50,000 home down payment deduction to make it easier to buy a home. It institutes a $5,000 healthy living tax deduction to help Texans stay active, eat healthier, and invest in their well-being.40

Transcribed from the audio on September 8; one contiguous span

A later line of the same video, not contiguous with that card, says "It doubles the child tax credit and makes the Trump accounts permanent."40

  • A later line of the same video, not contiguous with that card, says "It doubles the child tax credit and makes the Trump accounts permanent."40

The filing itself: MAGA INC., committee C00892471, file 2010907, signed by Gantt on September 5, 2026. Schedule E, the list of independent expenditures, carries two lines of $5.0 million each to Del Ray Media LLC, purpose "PLACED MEDIA: CONNECTED TV & DIGITAL ADVERTISING," disbursement or obligation date September 4, public distribution September 5, election the 2026 general. One line opposes James Talarico, candidate S6TX00479; the other supports Warren Kenneth Paxton Jr., candidate S6TX00388. The notice totals $10.0 million for the period.12

The race and the money already on the books

Where this sits

Ken Paxton is the Texas attorney general. "Trump’s endorsement helped Paxton to defeat the incumbent, Sen. John Cornyn, in a May primary runoff election," the Associated Press wrote; that runoff drew $25.3 million in outside spending against Paxton from Texans for a Conservative Majority. James Talarico is "a 37-year-old state representative" and the Democratic nominee. Libertarian Ted Brown is also on the ballot.785961

  • Ken Paxton is the Texas attorney general. "Trump’s endorsement helped Paxton to defeat the incumbent, Sen. John Cornyn, in a May primary runoff election," the Associated Press wrote; that runoff drew $25.3 million in outside spending against Paxton from Texans for a Conservative Majority. James Talarico is "a 37-year-old state representative" and the Democratic nominee. Libertarian Ted Brown is also on the ballot.785961
Outside money in the general election, by committeeMillions of dollars reported to the FEC. Bars above zero help Paxton or oppose Talarico; bars below zero help Talarico or oppose Paxton.
+10 mMAGA Inc.+9.47 mLone Star Liberty PAC+1.75 mTruth and Courage+1.61 mAmerica PAC+0.3 mProtecting Am. Future-2.13 mLone Star Rising

MAGA Inc.'s $10 million is the largest single filing. Before the notice, 17 other committees had reported $16.3 million in general-election spending on this race; the chart shows the five largest of them.59

FEC independent-expenditure bulk file, saved September 8, 2026 (15,363 rows). Later filings will add to these totals.

the rows behind the bars

General-election rows (ele_type G) for candidates S6TX00479 and S6TX00388, keeping the highest file number per committee, candidate, and transaction id; 263 Texas Senate rows became 258. Lone Star Liberty PAC: $7,720,655.00 opposing Talarico plus $1,751,220.00 supporting Paxton. Truth and Courage PAC: $1,751,968.00 opposing Talarico. America PAC: $1,487,645.67 opposing Talarico plus $124,595.00 supporting Paxton. Protecting America's Future: $301,848.62 opposing Talarico. Lone Star Rising PAC: $1,416,599.96 opposing Paxton plus $709,564.75 supporting Talarico. Sum of the five committees other than MAGA Inc.: $16,254,658.26.

Ten million dollars is a large ad buy and a small share of the buyer. MAGA Inc. reported $403 million in cash on July 31, so this is 2.48 percent of it. Senate Majority Leader John Thune "estimated advertising costs $8 million a week" in Texas, which makes $10 million about 1.25 weeks of ads. Trump told reporters the day before the filing, "I think I have close to a billion dollars in the Super PAC"; the FEC record for MAGA Inc. itself shows the $403 million, and the rest, if it exists, sits in nonprofits that do not report to the FEC.49798

  • Ten million dollars is a large ad buy and a small share of the buyer. MAGA Inc. reported $403 million in cash on July 31, so this is 2.48 percent of it. Senate Majority Leader John Thune "estimated advertising costs $8 million a week" in Texas, which makes $10 million about 1.25 weeks of ads. Trump told reporters the day before the filing, "I think I have close to a billion dollars in the Super PAC"; the FEC record for MAGA Inc. itself shows the $403 million, and the rest, if it exists, sits in nonprofits that do not report to the FEC.49798
The campaigns' own money, through June 30From each candidate's FEC summary page and the Tribune's ad-tracking figures.
TalaricoPaxton
Raised$68.6 million$9.2 million
Spent$47.0 million$7.5 million
Cash on hand$21.5 million$1.8 million
Share from small gifts56 percent19.6 percent
Ads booked so far (AdImpact, via the Tribune)$40.1 million$0.3 million

The two FEC summary totals, over different windows, put Talarico at 7.4 dollars raised for every one of Paxton's. The Tribune's July 20 tracker, both campaigns from the start of 2025, is 72.0 million versus 16.8 million, 4.3 to 1. Neither figure is the campaigns' overall fundraising ratio. Campaigns also pay less than outside groups for broadcast ads, "meaning each dollar Talarico spends on those mediums buys more ad time than a GOP PAC," the Tribune wrote; MAGA Inc.'s buy is on connected TV and digital, "where campaigns and PACs are equal players."51528785

Talarico's FEC page covers September 8, 2025, to June 30, 2026; Paxton's covers April 1, 2025, to June 30, 2026. The two windows differ. Unitemized individual contributions are gifts the committee did not have to list by donor name on the report. Ad figures are AdImpact's counts as quoted by the Texas Tribune on September 5.

The Associated Press called the filing Trump's "first major midterm money move." The Texas Tribune wrote that the $10 million "is MAGA Inc.'s first expenditure of the general election." That is MAGA Inc.'s first general-election filing, not the first outside money in this race. 17 other committees had already reported $16.3 million in general-election independent expenditures before the notice, led by Lone Star Liberty PAC; most of the rest are small.788559

  • The Associated Press called the filing Trump's "first major midterm money move." The Texas Tribune wrote that the $10 million "is MAGA Inc.'s first expenditure of the general election." That is MAGA Inc.'s first general-election filing, not the first outside money in this race. 17 other committees had already reported $16.3 million in general-election independent expenditures before the notice, led by Lone Star Liberty PAC; most of the rest are small.788559
Two August polls, and a trackerHead-to-head figures as published. Margins of error are the poll's own.
PollFieldSampleTalaricoPaxtonMargin
UT / Texas Politics ProjectAug 5 to 131,200 registered42392.83 / 3.58
TPPF / OvertonAug 24 to 261,167 likely44.043.42.9
TPPF / Overton, with leanersAug 24 to 261,167 likely50.050.02.9
Texas Public Opinion ResearchAug 21 to 241,000 likely48423.3

The University of Texas / Texas Politics Project poll of 1,200 registered voters, August 5 to 13, has Talarico at 42 percent and Paxton at 39 percent; its unweighted margin is 2.83 points and its weighted margin is 3.58. The TPPF/Overton poll of 1,167 likely voters, August 24 to 26, has Talarico at 44.0 percent and Paxton at 43.4, margin 2.9; with leaners, 50.0 percent each. A third poll, by Texas Public Opinion Research, a self-published monthly tracking series, surveyed 1,000 likely voters August 21 to 24 and has Talarico "leading Republican Ken Paxton (42%) by six points," 48 to 42, with a margin of 3.3: the one August result whose lead clears its own margin. The Texas Politics Project tracker, last updated August 13 as of September 8, runs from Talarico plus 4 to Paxton plus 2. Two of the three polls sit inside their margins; the third does not.4857666967

UT/Texas Politics Project: registered voters, YouGov, matched to 1,200. TPPF/Overton: likely voters, text-to-web, plus or minus 2.9 percent. Tracker table in the saved page lists UT, Emerson, Bush School/ReconMR, TSU/YouGov, Fox, NYT/Siena, and Quantus.

The same UT poll asked how Texans rate Paxton's job as attorney general: 33 percent approve and 47 percent disapprove statewide, while 61 percent of Republicans approve, the figure CBS reported. NBC News wrote that Paxton "was impeached by the Republican-led state House in 2023 on allegations of bribery and abuse of public trust, though he was later acquitted by the state Senate after a trial," and quoted Thune saying Texas is "not one that we can lose." USA Today wrote that Cook Political Report and Fox rate the seat a toss-up. Put together: a nominee his own party rates well and the state as a whole does not, inside the margin in two of the three August polls, in a seat both parties treat as winnable.587986

  • The same UT poll asked how Texans rate Paxton's job as attorney general: 33 percent approve and 47 percent disapprove statewide, while 61 percent of Republicans approve, the figure CBS reported. NBC News wrote that Paxton "was impeached by the Republican-led state House in 2023 on allegations of bribery and abuse of public trust, though he was later acquitted by the state Senate after a trial," and quoted Thune saying Texas is "not one that we can lose." USA Today wrote that Cook Political Report and Fox rate the seat a toss-up. Put together: a nominee his own party rates well and the state as a whole does not, inside the margin in two of the three August polls, in a seat both parties treat as winnable.587986

What Trump has said about the money is larger than what the FEC can see. The White House pool for September 4 recorded him saying, when asked when the super PAC would spend on the midterms, "We already did. I think I have close to a billion dollars in the Super PAC," and the Associated Press quoted him the same day: "I'm going to spend whatever amount of money necessary to try and help us," and "This is my money." The Tribune wrote that he "told reporters Friday that he had close to $1 billion under his control between various PACs and nonprofits, and that he expected to spend $400 million to $500 million on the midterms"; CBS quoted him on August 21 saying "about $850 million" and named "Securing American Greatness, a nonprofit with ties to Mr. Trump's super PAC." A nonprofit does not report its cash to the FEC, so the billion can be checked only against the committee's own $403 million.8788581

  • What Trump has said about the money is larger than what the FEC can see. The White House pool for September 4 recorded him saying, when asked when the super PAC would spend on the midterms, "We already did. I think I have close to a billion dollars in the Super PAC," and the Associated Press quoted him the same day: "I'm going to spend whatever amount of money necessary to try and help us," and "This is my money." The Tribune wrote that he "told reporters Friday that he had close to $1 billion under his control between various PACs and nonprofits, and that he expected to spend $400 million to $500 million on the midterms"; CBS quoted him on August 21 saying "about $850 million" and named "Securing American Greatness, a nonprofit with ties to Mr. Trump's super PAC." A nonprofit does not report its cash to the FEC, so the billion can be checked only against the committee's own $403 million.8788581

The Tribune's other figures come from AdImpact, an ad-tracking firm, and they do not match the FEC file. The Tribune wrote that Lone Star Liberty PAC had spent "$18.9 million on the general election thus far" and America PAC "$1.4 million against Talarico"; the FEC general-election rows for Lone Star Liberty add to $9.5 million. AdImpact counts ads as booked; the FEC file holds what committees have reported. The two cannot be reconciled from the records this story cites. The Tribune also wrote that "Democrats have spent $41.7 million, nearly all from Talarico, to Republicans' $24.3 million," that Senate Leadership Fund "has not put any money into Texas in the general election," that Sen. John Kennedy said he was "hoping that the president's going to spend $100 or $200 million in Texas," and that Sen. Ted Cruz estimated the race could reach $200 million.8559

  • The Tribune's other figures come from AdImpact, an ad-tracking firm, and they do not match the FEC file. The Tribune wrote that Lone Star Liberty PAC had spent "$18.9 million on the general election thus far" and America PAC "$1.4 million against Talarico"; the FEC general-election rows for Lone Star Liberty add to $9.5 million. AdImpact counts ads as booked; the FEC file holds what committees have reported. The two cannot be reconciled from the records this story cites. The Tribune also wrote that "Democrats have spent $41.7 million, nearly all from Talarico, to Republicans' $24.3 million," that Senate Leadership Fund "has not put any money into Texas in the general election," that Sen. John Kennedy said he was "hoping that the president's going to spend $100 or $200 million in Texas," and that Sen. Ted Cruz estimated the race could reach $200 million.8559

The ballot, from the Texas Secretary of State's candidate portal for the November 2026 general election and the U.S. Senate office: James Talarico (Democratic), Ken Paxton (Republican), and Ted Brown (Libertarian), each with status "Candidate in the General Election." Jade Simmons is listed twice, as an independent, status REJECTED, and as a write-in, accepted; three other write-in candidates are Avery Ayers, Bradford "Brad" Hall, and Zul Mohamed. The state's 2026 dates page and the FEC both name Tuesday, November 3, 2026, as election day, and the state's election-law calendar set the deadline to certify party nominees to county election officers at August 28, 2026.6155535654

MAGA Inc.'s own books: the August monthly report covers July 1 through July 31, 2026, cash on hand $403 million, receipts $3.0 million, disbursements about $132,000; the July payee list includes Pfeiffer Public Affairs at $7,500 and Trump National Golf Club Washington DC at about $24,100, and no Del Ray Media line. The Texas notice is the committee's first 2026 notice for the regular November general election; its other 2026 notices were a March 11 filing for a Georgia 14th District special election, about $17,900 in text messages supporting Clay Fuller, and the August 24 South Carolina runoff notice for Darline Graham, about $828,000 year to date. Del Ray Media LLC is not new to the committee: the bulk file shows eight MAGA INC. rows to Del Ray in November 2025 for a Tennessee House special election, $1.2 million in all, and four Congressional Leadership Fund rows to Del Ray dated August 31, 2026, totaling $1.1 million.4911759

how the ratios were counted

Talarico receipts $68,555,930.42 divided by Paxton receipts $9,248,698.53 is 7.4. Unitemized Talarico $36,717,034.10 divided by individual $65,585,741.88 is 56 percent. Unitemized Paxton $1,764,118.03 divided by individual $9,020,177.98 is 19.6 percent. MAGA Inc. $10,000,000.00 divided by July 31 cash $403,450,026.85 is 2.48 percent. Ten million divided by Thune's eight million a week is 1.25 weeks. Days from September 5 to November 3 are 59. Poll margins: plus or minus 2.83 points before weighting, 3.58 after; Paxton job rating statewide 14 strongly plus 19 somewhat approve, 7 somewhat plus 40 strongly disapprove.

Viewers, donors, and the calendar

Who feels it

Connected TV is television watched through an internet app rather than a broadcast or cable signal. The filing says the ads run there and online; it does not say in which markets or to whom.2

  • Connected TV is television watched through an internet app rather than a broadcast or cable signal. The filing says the ads run there and online; it does not say in which markets or to whom.2
  1. September 30: the candidates' books close for their next quarterly reports to the FEC, due October 15. That is the first record of money raised after this buy.60
  2. October 14: books close for the pre-election report, due October 22.60
  3. October 19: early voting in person begins.53
  4. November 3: election day, 59 days after the ads went public.53

People had already paid into this race through the campaigns and through other independent-expenditure committees. More than half of Talarico's individual money, 56 percent, came in unitemized gifts: the committee did not have to list those donors on the report because the gifts did not exceed $200 in the year. For Paxton that share is 19.6 percent. Unitemized does not mean the committee lacks the name.51526559

  • People had already paid into this race through the campaigns and through other independent-expenditure committees. More than half of Talarico's individual money, 56 percent, came in unitemized gifts: the committee did not have to list those donors on the report because the gifts did not exceed $200 in the year. For Paxton that share is 19.6 percent. Unitemized does not mean the committee lacks the name.51526559
Who pays MAGA Inc.Largest givers on MAGA Inc. (C00892471) Form 3X filings covering July 2025 through July 2026, from Schedule A line 17. Bank interest, the exchange that sold the committee's bitcoin, and the FEC's cross-reference entries are left out. Rounded in the table; cents in the proof.
Name on the reportsLine 17 total
Greg Brockman$25.0 million
Foris DAX, Inc.$25.0 million
Diane Hendricks$25.0 million
Miriam Adelson$25.0 million
Konstantin Sokolov$12.0 million
Securing American Greatness, Inc.$7.5 million
RAI Services Company$6.0 million
a16z Capital Management LLC$6.0 million
Tyler Winklevoss$5.0 million
Cameron Winklevoss$5.0 million
Asha Jadeja$5.0 million
Benjamin Landa$5.0 million
Stephen Schwarzman$5.0 million
GEO Reentry Services LLC$4.4 million

Committee cash is not traceable to one buy. These are the largest receipts on the nine reports; they fund the committee's account, not a labeled Texas invoice.68

Read at build time from the SA17 rows in files 1930418, 1943509, 1949722, 1955690, 1970306, 1978142, 1986089, 2000587, and 2009096: 95 named givers, $205,456,748.25 in all. Greg Brockman $25,000,000.00; Foris DAX, Inc. $25,000,000.00; Diane Hendricks $25,000,000.00; Miriam Adelson $25,000,000.00; Konstantin Sokolov $12,000,000.00; Securing American Greatness, Inc. $7,500,000.00; RAI Services Company $6,000,000.00; a16z Capital Management LLC $6,000,000.00; Tyler Winklevoss $5,011,860.44; Cameron Winklevoss $5,006,604.47; Asha Jadeja $5,000,000.00; Benjamin Landa $5,000,000.00; Stephen Schwarzman $5,000,000.00; GEO Reentry Services LLC $4,413,000.00. Left out: $22,113,409.91 of memo entries (the FEC's cross-references to money already counted, including partnership attributions and the Winklevoss bitcoin restated against the exchange), $6,800,003.01 of JP Morgan Chase interest, and $11,518,449.91 of proceeds from Gemini Trust Company selling bitcoin and stablecoins the committee held; the Winklevoss brothers' bitcoin gifts are counted once each, under their names. This is committee C00892471, the Form 24 filer, not C00825851 (Make America Great Again Inc.).

Checked against the notice

What the coverage got right, and what it got wrong

Nine publications are in the records. They rest on fewer dispatches: the Associated Press, CNBC, and PBS NewsHour are one wire, and PBS carries "Josh Boak, Associated Press." Four called independent spending a gift to the campaign.283

  • Nine publications are in the records. They rest on fewer dispatches: the Associated Press, CNBC, and PBS NewsHour are one wire, and PBS carries "Josh Boak, Associated Press." Four called independent spending a gift to the campaign.283

CBS News, September 5, 2026

wrote that Trump was “donating $10 million” and that “both donations” went to “Del Ray Media Inc.”

Mislabeled. The $5 million split and the Saturday filing check out.

The spending is independent, not a donation; the vendor is Del Ray Media LLC. The same story called an $827,000 South Carolina notice a donation to Sen. Darline Graham; that too is independent spending.

817

The Hill, September 6, 2026

wrote that MAGA Inc. “gave $10 million to the Texas attorney general's Senate campaign, per Federal Election Commission (FEC) filings.”

Mislabeled. The filings exist.

A gift to the campaign is the wrong legal category.

84

USA Today, September 5, 2026

wrote that MAGA Inc. “has donated $10 million to the campaign” of Paxton.

Mislabeled. The notice is independent spending paid to Del Ray Media LLC, not a donation to the campaign committee.

86

Reuters, September 5, 2026

headlined that MAGA Inc. “gives $10 million to” “Paxton's Senate campaign.”

Mislabeled. The $10 million figure matches the notice.

A gift to the campaign is the wrong legal category. The page checked is the Reuters dispatch as carried by Yahoo.

91

Associated Press, September 5, 2026

wrote that the group is spending $10 million on television and digital advertisements “according to a Saturday filing with the Federal Election Commission.” CNBC and PBS NewsHour ran the same dispatch.

Checks out.

Connected TV is television, so the wording matches the purpose line.

788283

Fox News, September 5, 2026

attributed the $10 million to an FEC filing and put the candidates' fundraising at $72.0 million and $16.8 million, citing the Texas Tribune.

Checks out.

The figures are the Tribune's July 20 tracker, cumulative since January 2025, which is why they differ from the FEC pages' shorter windows.

8087

One other report

Checks out. It was checked the same way: the FEC notices.

NBC News, September 5, 2026, wrote that MAGA Inc. “had more than $400 million in the bank as of July 31.” Checks out: the August monthly close is $403 million.79

The filing, then the ads

Claim checked against the record

The coverage's claim: MAGA Inc. gave $10 million to Paxton's campaign

Wrong. The notice is Form 24, a report of independent expenditures. The payee on both lines is Del Ray Media LLC, a media vendor, not Ken Paxton for Senate. Gantt certified the spending was not made in cooperation with a candidate or authorized committee. The $10 million itself is right: the two $5 million lines add to it, and the figure is the filing, not an ad-tracking estimate.2122

The ads make six claims a viewer can check. Both spots put source slates on screen. The tax spot cites Punchbowl News, the Tax Foundation, Thomson Reuters, the Texas House Journal of May 25, 2019, and the Texas Tribune of June 12, 2019. The health spot cites Talarico for Texas, Navigant, and the Hoover Institution, and for the $4 trillion line cites Punchbowl and a Tax Foundation page of June 6, 2025.293334

  • The ads make six claims a viewer can check. Both spots put source slates on screen. The tax spot cites Punchbowl News, the Tax Foundation, Thomson Reuters, the Texas House Journal of May 25, 2019, and the Texas Tribune of June 12, 2019. The health spot cites Talarico for Texas, Navigant, and the Hoover Institution, and for the $4 trillion line cites Punchbowl and a Tax Foundation page of June 6, 2025.293334
Talarico's recorded property-tax votesHouse tallies as published. The 2019 row is the Tribune's April 30 count; the later rows are the House Journal.
VoteDateTallyTalarico
2019 SB 2, House second readingApril 30, 2019107-40No
2019 SB 2, House passageMay 1, 2019109-36No
2019 SB 2, conference reportMay 25, 201988-50No
2023 SB 2, third readingJuly 13, 2023133-4Yes
2025 SB 4, third readingMay 21, 2025143-0Yes

The ads' "voted to make it easier to increase property taxes" line matches 2019. It is selective as an account of the later record.14904142

Ad claim: Talarico “voted to make it easier to increase property taxes”

Accurate as a description of three 2019 votes, selective as an account of his record. The Texas Tribune's roll call of the April 30, 2019 House vote on SB 2 is 107-40; Talarico is listed N. The House Journal for May 1, 2019 records final House passage, "(Record 839): 109 Yeas, 36 Nays," with Talarico in the nays. The House Journal for May 25, 2019, the conference vote the ads cite on screen, is 88 yeas and 50 nays; Talarico is in the nays. He is in the yeas on SB 2 of 2023 (Record 31: 133 yeas, 4 nays) and on SB 4 of 2025 (Record 3116: 143 yeas, 0 nays). Governor Abbott called the 2023 bill "the largest property tax cut in Texas history," an $18 billion package. That is the vote the Ennis statement names.9015164163

Ad claim: Talarico “supported a $4 trillion tax hike” (one spot) and “a trillion dollar tax hike” (the other)

The two spots disagree, and the slates they cite do not name a Talarico bill with either figure. The health spot writes "$4,000,000,000,000" and cites Punchbowl News of September 9, 2025 and the Tax Foundation of June 6, 2025. The June 6 Tax Foundation page says the House-passed bill's tax provisions "would reduce federal tax revenue by $4 trillion between 2025 and 2034," a national score, not a Talarico proposal. The tax spot cites a Tax Foundation page of July 4, 2025 that says extending the 2017 tax law "would decrease federal tax revenue by $4.5 trillion from 2025 through 2034," again national revenue. The ad cites a Punchbowl News item of September 9, 2025 that sits behind a membership wall and a Thomson Reuters item of November 3, 2025 that could not be opened. The House Journal of May 25, 2019 and the Tribune of June 12, 2019 are the SB 2 vote and signing, not a trillion-dollar hike.33939294

Ad claim: Talarico “supports a radical health care plan that could close rural hospitals”

The ad cites Talarico for Texas (accessed March 12, 2026), Navigant of August 2019, and the Hoover Institution of October 20, 2020. His health page proposes to "join Medicare: Provide an affordable not-for-profit health care option for every American." The Navigant study is real and Texas-specific. Its severest case, in which employers move half of their covered workers and "85% of individual lives move from commercial insurance to the public option," all paid at Medicare rates, lists Texas with 30 rural hospitals at high risk of closure, 25.6 percent of the state's rural hospitals. So the ad's number traces to a model result. What the ad drops is the scenario and the word risk: the study rated hospitals at risk under one severe take-up assumption; it did not count closures. And Talarico's page does not say what his option would pay hospitals; its rural line promises to "improve Medicaid and Medicare reimbursement rates to more swiftly deliver payments to hospitals." Whether his plan matches the study's assumptions is not in the record.184634

Ad claim: the plan would “cost thousands in more taxes”

The on-screen slate points to a Hoover Institution paper of October 20, 2020 by Lanhee Chen, Tom Church, and Daniel Heil. The paper does not price Talarico's plan; it asks how a federal public option could be financed by 2050 and models the taxes each route would take. Paying for it through broad income taxes would mean "raising taxes on middle-income families by over $2,000 a year"; paying through payroll taxes would leave "taxes for typical families rising by over $3,900." Those are the paper's own financing scenarios for its own version of a public option, thirty years out. The paper states that the work "was supported by the Partnership for America's Health Care Future." The ad turns a conditional 2050 model into a present-tense cost.3547

Ad claim: Talarico supported “higher taxes on social security”

Supported in the narrow sense, misleading if read as a tax on benefits. His tax page says "eliminating the tax cap on those earning over $400,000 a year" so that "the wealthiest Americans pay their fair share into Social Security." That is a payroll tax on earnings above $400,000, not a tax on Social Security checks. The on-screen slate for this line is the same Punchbowl / Tax Foundation / Thomson Reuters / House Journal / Tribune cluster as the tax-hike line.1745

Ad claim: Paxton's plan doubles the child tax credit, adds medical write-offs, and a $50,000 deduction for first-time homes

Published. In a July 31 video Paxton says, "That's why I'm unveiling my protecting Texas Promise Agenda," then names a "$25,000 tax deduction" for out-of-pocket medical expenses, a "$50,000 home down payment deduction," and "It doubles the child tax credit." The Texas Tribune the same day reported the $25,000 medical deduction, the $50,000 first-home deduction, and a proposed $4,400 child credit. CBS Texas on August 4 covered the plan. None of those records states a cost, an offset, or whether the deductions are above the line.408889

how this was added and checked

Independent-expenditure line opposing Talarico: $5,000,000.00. Line supporting Paxton: $5,000,000.00. 5,000,000 + 5,000,000 = 10,000,000; the notice's own total is $10,000,000.00. The spots were downloaded from the MAGA War Room posts with yt-dlp on September 8 (30 seconds each), transcribed with local speech recognition (FluidAudio Parakeet, via undertone), and read frame by frame (one frame a second). SB 2 votes are read from the 2019 House Journal and the Tribune roll call; 2023 and 2025 votes from the House Journal PDFs. Campaign pages were saved as served on September 8. Slate sources were fetched once each with a browser impersonation, then the Internet Archive; Punchbowl, Thomson Reuters of November 3, 2025, and the Hoover paper of October 20, 2020 did not yield a usable page.

After Saturday

What happened next

On September 6 The Hill reported Gina Hinojosa, the Democratic nominee for governor, telling CNN's Dana Bash she welcomed the attention on Texas after the buy. Talarico's own post that Saturday, "This is not capitalism; this is crony capitalism," does not name the ads, MAGA Inc., Paxton, or Trump; the campaign's response on the record is the Ennis statement.849

  • On September 6 The Hill reported Gina Hinojosa, the Democratic nominee for governor, telling CNN's Dana Bash she welcomed the attention on Texas after the buy. Talarico's own post that Saturday, "This is not capitalism; this is crony capitalism," does not name the ads, MAGA Inc., Paxton, or Trump; the campaign's response on the record is the Ennis statement.849

On September 8 the Talarico campaign posted a one-minute YouTube ad in which David Maxwell, a former Paxton aide who says Paxton ended his career, makes accusations about Paxton's conduct in office. A New York Times story on the ad the same day could not be opened.43

  • On September 8 the Talarico campaign posted a one-minute YouTube ad in which David Maxwell, a former Paxton aide who says Paxton ended his career, makes accusations about Paxton's conduct in office. A New York Times story on the ad the same day could not be opened.43

Watching: MAGA Inc.'s next 24-hour or 48-hour notices, the October 15 quarterly reports, the October 22 pre-election reports, and early voting from October 19.60

  • Watching: MAGA Inc.'s next 24-hour or 48-hour notices, the October 15 quarterly reports, the October 22 pre-election reports, and early voting from October 19.60

Open questions

What we do not know yet

  • The Punchbowl News item of September 9, 2025 and the Thomson Reuters item of November 3, 2025 that the tax-spot slate cites. One attempt each did not yield a usable page.29
  • Where the ads run. The notice names no markets, stations, or audiences.2
  • Why the Tribune's AdImpact figure for Lone Star Liberty PAC ($18.9 million) is about twice the FEC's reported rows. One counts bookings, the other filings; only the filings are in this story's records.85

Sources

The records

Everything this page rests on, numbered where the story cites it. We keep a dated copy of each one.

Primary documents

  1. 1FEC Form 24 cover for MAGA INC. file 2010907 · Federal Election Commission, September 5 · the 48-hour notice header and Gantt signature
  2. 2FEC Schedule E, file 2010907 · Federal Election Commission, September 5 · every $5 million line, the vendor, the purpose, and the $10 million total
  3. 3MAGA Inc. Paxton tax ad post · MAGA Inc., September 5 · the pro-Paxton caption
  4. 4MAGA Inc. Talarico tax ad post · MAGA Inc., September 5 · the anti-Talarico caption
  5. 5Alex Pfeiffer statement · September 5 · the High Tax Talarico statement
  6. 6Ken Paxton post on the buy · September 5 · Paxton's written response
  7. 7FEC Schedule E, file 2009583 · Federal Election Commission, August 24 · the Graham South Carolina runoff independent expenditures
  8. 8September 4 White House pool report · American Presidency Project · Trump saying the super PAC already spent, and claiming close to a billion dollars
  9. 9James Talarico Saturday post · September 5 · crony capitalism, posted the day of the ads
  10. 10FEC Schedule E, file 1952643 · Federal Election Commission, March 11 · the Georgia special-election text-message expenditures totaling $17,900.88
  11. 11FEC file 1952643 CSV · Federal Election Commission, March 11 · the Special-General election code on the March notice
  12. 12Form 24 certification, file 2010907 · Federal Election Commission, September 5 · the not-in-cooperation certification on the Texas notice
  13. 13MAGA Inc. Talarico ad, transcript · MAGA Inc., September 5 · the words of the anti-Talarico spot
  14. 14MAGA Inc. Paxton ad, transcript · MAGA Inc., September 5 · the words of the pro-Paxton spot
  15. 15House Journal, SB 2 passage vote · Texas House, May 1, 2019 · Talarico voted no on SB 2 at passage
  16. 16House Journal, SB 2 conference report vote · Texas House, May 25, 2019 · Talarico voted no on the final SB 2 text
  17. 17Talarico tax page · campaign site, saved September 8 · what Talarico says he would do on taxes
  18. 18Talarico health care page · campaign site, saved September 8 · the health plan the ad calls radical
  19. 19Talarico rural page · campaign site, saved September 8 · his stated position on rural hospitals
  20. 20Paxton issues page · campaign site, saved September 8 · what Paxton's own site says on taxes
  21. 21MAGA Inc. tax spot, frame 001: Tired of Paying More in Taxes? · on-screen claim or source slate
  22. 22MAGA Inc. tax spot, frame 003: Affordable Living Proposal slate · on-screen claim or source slate
  23. 23MAGA Inc. tax spot, frame 007: Paxton make living more affordable · on-screen claim or source slate
  24. 24MAGA Inc. tax spot, frame 008: Paxton's plan slate · on-screen claim or source slate
  25. 25MAGA Inc. tax spot, frame 010: Double child tax credit slate · on-screen claim or source slate
  26. 26MAGA Inc. tax spot, frame 013: First-time homebuyer slate · on-screen claim or source slate
  27. 27MAGA Inc. tax spot, frame 018: Trillion-dollar tax hike slate · on-screen claim or source slate
  28. 28MAGA Inc. tax spot, frame 020: Higher property taxes slate · on-screen claim or source slate
  29. 29MAGA Inc. tax spot, frame 024: Talarico higher taxes source slate · on-screen claim or source slate
  30. 30MAGA Inc. tax spot, frame 026: Paxton lower taxes disclaimer · on-screen claim or source slate
  31. 31MAGA Inc. tax spot, frame 028: Clear choice slate · on-screen claim or source slate
  32. 32MAGA Inc. health spot, frame 002: Property tax vote slate · on-screen claim or source slate
  33. 33MAGA Inc. health spot, frame 007: $4 trillion tax hike slate · on-screen claim or source slate
  34. 34MAGA Inc. health spot, frame 012: Radical healthcare 30 hospitals · on-screen claim or source slate
  35. 35MAGA Inc. health spot, frame 014: Cost thousands in more taxes · on-screen claim or source slate
  36. 36MAGA Inc. health spot, frame 017: Tribune economic plan quote · on-screen claim or source slate
  37. 37MAGA Inc. health spot, frame 022: Real plan CBS Texas · on-screen claim or source slate
  38. 38MAGA Inc. health spot, frame 026: Tax cutter the better choice · on-screen claim or source slate
  39. 39MAGA Inc. health spot, frame 029: Tax cutter for Senate · on-screen claim or source slate
  40. 40Paxton Texas Promise Agenda video transcript · Paxton in his own voice on the plan
  41. 41Texas House Journal, 88th 2nd called, day 6: SB 2 · the 2023 yes vote
  42. 42Texas House Journal, 89th regular, day 69: SB 4 · the 2025 yes vote
  43. 43Talarico campaign Maxwell ad, transcript · what happened next on September 8
  44. 44MAGA Inc. tax spot, frame 012: medical expenses · on-screen slate
  45. 45MAGA Inc. tax spot, frame 021: Social Security · on-screen slate
  46. 46Navigant, Rural Hospital Sustainability: public option impacts (August 2019) · the rural-hospital claim check: Texas row of the study's severest scenario
  47. 47Hoover Institution, The Budget and Tax Effects of a Federal Public Option After COVID-19 (October 20, 2020) · the tax claim check: the paper's 2050 financing scenarios and its sponsor line
  48. 48Texas Public Opinion Research, August 2026 tracking poll · the third August poll

Official data

  1. 49MAGA INC. August monthly report · saved September 8, covers July 1 to 31 · cash on hand at the end of July, July disbursements, and the Pfeiffer Public Affairs payee
  2. 50MAGA INC. committee overview · Federal Election Commission · the hybrid-PAC label
  3. 51Talarico FEC candidate summary · through June 30, 2026 · receipts, disbursements, and unitemized individual totals
  4. 52Paxton FEC candidate summary · through June 30, 2026 · receipts, disbursements, unitemized share, and June 30 cash on hand
  5. 53Texas Secretary of State 2026 dates · Texas Secretary of State · November 3 as general election day and October 19 early voting
  6. 54November 3 election-law calendar · Texas Secretary of State · the August 28 nominee-certification deadline
  7. 55Independent candidate filings · Texas Secretary of State · Jade Simmons U.S. Senate filing marked rejected
  8. 56FEC election dates · Federal Election Commission · Tuesday, November 3, 2026 as the federal general election
  9. 57UT/Texas Politics Project August poll · published August 24 · the 42-39-3 trial ballot, dates, and sample
  10. 58August poll crosstabs · Texas Politics Project · Paxton job rating, trial-ballot crosstabs, and YouGov methodology
  11. 59FEC 2026 independent-expenditure bulk file · saved September 8 · general-election totals by committee in the Texas Senate race, Del Ray vendor history, and the Cornyn-runoff outside money
  12. 60FEC 2026 quarterly filer dates · Federal Election Commission · October 15 quarterly due date and October 22 pre-general due date
  13. 61Texas SOS Candidate Bio Portal, U.S. Senate · captured September 8 in a browser · Talarico, Paxton, and Brown as November candidates, and Simmons rejected as independent and accepted as write-in
  14. 62SB 2 (2019) bill history · Texas Legislature Online · the bill the ad refers to, its caption and vote dates
  15. 63Governor Abbott on the 2023 property tax cut · August 9, 2023 · the Ennis line about the largest cut
  16. 64FEC independent expenditure help: coordinated · what the certification asserts
  17. 65FEC recording receipts: itemizing over $200 · what unitemized means
  18. 66TPPF/Overton August 2026 likely-voter poll · fielded August 24-26, 2026 · the second August poll
  19. 67Texas Politics Project Senate poll tracker · the range of public polls
  20. 68MAGA Inc. Form 3X Schedule A, file 1930418 · largest line 17 receipts
  21. 69TPPF/Overton August 2026 toplines · the 44.0 / 43.4 likely-voter figures
  22. 70MAGA Inc. Form 3X Schedule A, file 1943509 · line 17 receipts summed for the donor table
  23. 71MAGA Inc. Form 3X Schedule A, file 1949722 · line 17 receipts summed for the donor table
  24. 72MAGA Inc. Form 3X Schedule A, file 1955690 · line 17 receipts summed for the donor table
  25. 73MAGA Inc. Form 3X Schedule A, file 1970306 · line 17 receipts summed for the donor table
  26. 74MAGA Inc. Form 3X Schedule A, file 1978142 · line 17 receipts summed for the donor table
  27. 75MAGA Inc. Form 3X Schedule A, file 1986089 · line 17 receipts summed for the donor table
  28. 76MAGA Inc. Form 3X Schedule A, file 2000587 · line 17 receipts summed for the donor table
  29. 77MAGA Inc. Form 3X Schedule A, file 2009096 · line 17 receipts summed for the donor table

Coverage checked

  1. 78Associated Press on the Texas ads · published September 5 · Ennis statement, Friday Trump quotes, the nominees, the ads' tax claims, and the television wording
  2. 79NBC News on the Texas ads · published September 5 · the July 31 cash line, the 2023 impeachment, and Thune on Texas ad costs
  3. 80Fox News on the Texas ads · published September 5 · the Tribune fundraising figures, checked against the July 20 tracker
  4. 81CBS News on the Texas ads · published September 5 · donation wording, Del Ray Media Inc., the 61 percent GOP rating, the impeachment line, the $850 million quote, and the Graham donation wording
  5. 82CNBC on the Texas ads · published September 5 · the AP-wire Saturday filing line
  6. 83PBS NewsHour on the Texas ads · published September 5 · the AP-wire Saturday filing line
  7. 84The Hill on Hinojosa and the $10 million · published September 6 · the gift-to-the-campaign wording and Hinojosa on CNN
  8. 85Texas Tribune on the MAGA Inc. ads · published September 5 · AdImpact totals, the ad transcript, connected-TV explanation, and Trump counting PACs and nonprofits
  9. 86USA Today on the MAGA Inc. ads · published September 5 · the donated-to-the-campaign wording, the toss-up rating, and the $400 to $500 million plan
  10. 87Texas Tribune July 20 fundraising tracker · published July 20 · the $72.0 million and $16.8 million cumulative fundraising figures Fox attributed to the Tribune
  11. 88Texas Tribune on Paxton tax plan · published July 31, 2026 · the published plan figures
  12. 89CBS Texas on Paxton plan · published August 4, 2026 · the CBS Texas slate the ads cite
  13. 90Texas Tribune 2019 House roll call on SB 2 · published May 1, 2019 · the 2019 House vote the ads describe
  14. 91Reuters via Yahoo on MAGA Inc. $10 million · published September 5 · the mislabeled gift-to-campaign headline
  15. 92Tax Foundation on extending the 2017 tax law · dated July 4, 2025 · what the 7/4/25 slate cites
  16. 93Tax Foundation on the House-passed 2025 tax bill · dated June 6, 2025 · what the 6/6/25 slate cites
  17. 94Texas Tribune: Abbott signs SB 2 · published June 12, 2019 · the Tribune 6/12/19 slate
  18. 95AHA summary of Navigant rural-hospital public-option study · August 7, 2019 · what Navigant 8/19 says
  19. 96AP, Republicans still waiting for Trump to open his campaign wallet (September 1, 2026) · what preceded the filing

How we check.

Figures in the source documents 38

Oppose talarico

5,000,000 USDFederal Election Commission
Recorded passage
Name of Federal Candidate supported or opposed by expenditure: JAMES TALARICO Candidate ID: S6TX00479 Office Sought: Senate State is Texas in District 00 Date of Disbursement or Obligation = 09/04/2026 Date of Public Distribution/Dissemination = 09/05/2026 Person Completing Form: CHARLES GANTT Date Signed = 09/05/2026 Amount Expended = $5000000.00

Support paxton

5,000,000 USDFederal Election Commission
Recorded passage
Name of Federal Candidate supported or opposed by expenditure: WARREN KENNETH JR. PAXTON Candidate ID: S6TX00388 Office Sought: Senate State is Texas in District 00 Date of Disbursement or Obligation = 09/04/2026 Date of Public Distribution/Dissemination = 09/05/2026 Person Completing Form: CHARLES GANTT Date Signed = 09/05/2026 Amount Expended = $5000000.00

Talarico receipts

68,555,930.42 USDFederal Election Commission
Recorded passage
Total receipts Individual contribution transactions Spending Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: TALARICO FOR TEXAS (C00919084) Total raised Browse receipts Coverage dates: 09/08/2025 to 06/30/2026 Total receipts $68,555,930.42

Paxton receipts

9,248,698.53 USDFederal Election Commission
Recorded passage
Total receipts Individual contribution transactions Spending Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: KEN PAXTON FOR SENATE (C00901918) PAXTON FOR TX SENATE REPUBLICAN NOMINEE FUND 2026 (C00930446) Total raised Browse receipts Coverage dates: 04/01/2025 to 06/30/2026 Total receipts $9,248,698.53

Poll talarico

42 percentThe Texas Politics Project
Recorded passage
42% of Texas voters preferring Democrat James Talarico and 39% planning to vote for Republican Ken Paxton

Poll paxton

39 percentThe Texas Politics Project
Recorded passage
42% of Texas voters preferring Democrat James Talarico and 39% planning to vote for Republican Ken Paxton

Days to election

59 days

Computed: November 3, 2026 minus September 5, 2026 = 59 days.

November 3, 2026 · Texas Secretary of State
November 3, 2026 General election day.
Read the source
September 5, 2026 · Federal Election Commission
Date of Public Distribution/Dissemination = 09/05/2026
Read the source

Talarico disbursements

47,007,775.34 USDFederal Election Commission
Recorded passage
Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: TALARICO FOR TEXAS (C00919084) Total raised Browse receipts Coverage dates: 09/08/2025 to 06/30/2026 Total receipts $68,555,930.42 Total contributions $65,929,150.12 Total individual contributions $65,585,741.88 Itemized individual contributions $28,868,707.78 Unitemized individual contributions $36,717,034.10 Party committee contributions $0.00 Other committee contributions $343,408.24 Candidate contributions $0.00 Transfers from other authorized committees $2,594,220.00 Total loans received $0.00 Loans made by candidate $0.00 Other loans $0.00 Offsets to operating expenditures $63.62 Other receipts $32,496.68 Newly filed summary data may not appear for up to 48 hours. Total spent Browse disbursements Coverage dates: 09/08/2025 to 06/30/2026 Total disbursements $47,007,775.34

Paxton disbursements

7,492,915.18 USDFederal Election Commission
Recorded passage
Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: KEN PAXTON FOR SENATE (C00901918) PAXTON FOR TX SENATE REPUBLICAN NOMINEE FUND 2026 (C00930446) Total raised Browse receipts Coverage dates: 04/01/2025 to 06/30/2026 Total receipts $9,248,698.53 Total contributions $9,239,677.98 Total individual contributions $9,020,177.98 Itemized individual contributions $7,256,059.95 Unitemized individual contributions $1,764,118.03 Party committee contributions $62,000.00 Other committee contributions $157,500.00 Candidate contributions $0.00 Transfers from other authorized committees $6,632.58 Total loans received $0.00 Loans made by candidate $0.00 Other loans $0.00 Offsets to operating expenditures $2,387.97 Other receipts $0.00 Newly filed summary data may not appear for up to 48 hours. Total spent Browse disbursements Coverage dates: 04/01/2025 to 06/30/2026 Total disbursements $7,492,915.18

Lsl oppose talarico g

7,720,655 USD

Computed: 200,000 USD + 1,633,345 USD + 5,887,310 USD = 7,720,655 USD.

200,000 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","200000","21-MAY-26","200000","O","AD BUY","ARMADA STRATEGIES","1978927","N","SE.4752","202605229870271711","22-MAY-26","2026","","22-MAY-26"
Read the source
1,633,345 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","1633345","28-AUG-26","1833345","O","AD BUY","ARMADA STRATEGIES","2010201","N","SE.4886","202608309904049385","30-AUG-26","2026","","28-AUG-26"
Read the source
5,887,310 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","5887310","31-AUG-26","9471875","O","AD BUY","ARMADA STRATEGIES","2010610","N","SE.4890","202609039904082363","03-SEP-26","2026","","01-SEP-26"
Read the source

Tracker talarico 72

72.0 USD millionsThe Texas Tribune
Recorded passage
Since the beginning of 2025, Talarico’s campaign has lapped Paxton’s several times over, raising a cumulative $72.0 million compared to $16.8 million by Paxton’s.

Tracker paxton 16 8

16.8 USD millionsThe Texas Tribune
Recorded passage
Since the beginning of 2025, Talarico’s campaign has lapped Paxton’s several times over, raising a cumulative $72.0 million compared to $16.8 million by Paxton’s.

Poll tppf talarico 44

44.0 percentOverton Insights
Recorded passage
James Talarico, the Democrat 44.0%

Donor brockman 25m

25,000,000.00 USDFederal Election Commission
Recorded passage
"SA17","C00892471","SA17.4915","","","IND","","BROCKMAN","GREG","","","","182 HOWARD ST #19","","SAN FRANCISCO","CA","94105","","","20250912","25000000.00","25000000.00","NON-CONTRIBUTION","OPENAI","PRESIDENT AND CO-FOUNDER","","","","","","","","","","","","","","","","","","","",""

Oppose talarico

5,000,000 USDFederal Election Commission
Recorded passage
Name of Federal Candidate supported or opposed by expenditure: JAMES TALARICO Candidate ID: S6TX00479 Office Sought: Senate State is Texas in District 00 Date of Disbursement or Obligation = 09/04/2026 Date of Public Distribution/Dissemination = 09/05/2026 Person Completing Form: CHARLES GANTT Date Signed = 09/05/2026 Amount Expended = $5000000.00

Support paxton

5,000,000 USDFederal Election Commission
Recorded passage
Name of Federal Candidate supported or opposed by expenditure: WARREN KENNETH JR. PAXTON Candidate ID: S6TX00388 Office Sought: Senate State is Texas in District 00 Date of Disbursement or Obligation = 09/04/2026 Date of Public Distribution/Dissemination = 09/05/2026 Person Completing Form: CHARLES GANTT Date Signed = 09/05/2026 Amount Expended = $5000000.00

Talarico receipts

68,555,930.42 USDFederal Election Commission
Recorded passage
Total receipts Individual contribution transactions Spending Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: TALARICO FOR TEXAS (C00919084) Total raised Browse receipts Coverage dates: 09/08/2025 to 06/30/2026 Total receipts $68,555,930.42

Paxton receipts

9,248,698.53 USDFederal Election Commission
Recorded passage
Total receipts Individual contribution transactions Spending Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: KEN PAXTON FOR SENATE (C00901918) PAXTON FOR TX SENATE REPUBLICAN NOMINEE FUND 2026 (C00930446) Total raised Browse receipts Coverage dates: 04/01/2025 to 06/30/2026 Total receipts $9,248,698.53

Poll talarico

42 percentThe Texas Politics Project
Recorded passage
42% of Texas voters preferring Democrat James Talarico and 39% planning to vote for Republican Ken Paxton

Poll paxton

39 percentThe Texas Politics Project
Recorded passage
42% of Texas voters preferring Democrat James Talarico and 39% planning to vote for Republican Ken Paxton

Days to election

59 days

Computed: November 3, 2026 minus September 5, 2026 = 59 days.

November 3, 2026 · Texas Secretary of State
November 3, 2026 General election day.
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September 5, 2026 · Federal Election Commission
Date of Public Distribution/Dissemination = 09/05/2026
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Talarico disbursements

47,007,775.34 USDFederal Election Commission
Recorded passage
Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: TALARICO FOR TEXAS (C00919084) Total raised Browse receipts Coverage dates: 09/08/2025 to 06/30/2026 Total receipts $68,555,930.42 Total contributions $65,929,150.12 Total individual contributions $65,585,741.88 Itemized individual contributions $28,868,707.78 Unitemized individual contributions $36,717,034.10 Party committee contributions $0.00 Other committee contributions $343,408.24 Candidate contributions $0.00 Transfers from other authorized committees $2,594,220.00 Total loans received $0.00 Loans made by candidate $0.00 Other loans $0.00 Offsets to operating expenditures $63.62 Other receipts $32,496.68 Newly filed summary data may not appear for up to 48 hours. Total spent Browse disbursements Coverage dates: 09/08/2025 to 06/30/2026 Total disbursements $47,007,775.34

Paxton disbursements

7,492,915.18 USDFederal Election Commission
Recorded passage
Total disbursements Disbursement transactions Spending by others to support or oppose Independent expenditures Communication costs Electioneering communication Filings Statements of candidacy Other documents filed Compare to opposing candidates Financial summary Election 2026 Data is included from these committees: KEN PAXTON FOR SENATE (C00901918) PAXTON FOR TX SENATE REPUBLICAN NOMINEE FUND 2026 (C00930446) Total raised Browse receipts Coverage dates: 04/01/2025 to 06/30/2026 Total receipts $9,248,698.53 Total contributions $9,239,677.98 Total individual contributions $9,020,177.98 Itemized individual contributions $7,256,059.95 Unitemized individual contributions $1,764,118.03 Party committee contributions $62,000.00 Other committee contributions $157,500.00 Candidate contributions $0.00 Transfers from other authorized committees $6,632.58 Total loans received $0.00 Loans made by candidate $0.00 Other loans $0.00 Offsets to operating expenditures $2,387.97 Other receipts $0.00 Newly filed summary data may not appear for up to 48 hours. Total spent Browse disbursements Coverage dates: 04/01/2025 to 06/30/2026 Total disbursements $7,492,915.18

Lsl oppose talarico g

7,720,655 USD

Computed: 200,000 USD + 1,633,345 USD + 5,887,310 USD = 7,720,655 USD.

200,000 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","200000","21-MAY-26","200000","O","AD BUY","ARMADA STRATEGIES","1978927","N","SE.4752","202605229870271711","22-MAY-26","2026","","22-MAY-26"
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1,633,345 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","1633345","28-AUG-26","1833345","O","AD BUY","ARMADA STRATEGIES","2010201","N","SE.4886","202608309904049385","30-AUG-26","2026","","28-AUG-26"
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5,887,310 USD · Federal Election Commission
"S6TX00479","TALARICO, JAMES","C00901223","LONE STAR LIBERTY PAC","G","TX","00","S","DEMOCRATIC PARTY","5887310","31-AUG-26","9471875","O","AD BUY","ARMADA STRATEGIES","2010610","N","SE.4890","202609039904082363","03-SEP-26","2026","","01-SEP-26"
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Tracker talarico 72

72.0 USD millionsThe Texas Tribune
Recorded passage
Since the beginning of 2025, Talarico’s campaign has lapped Paxton’s several times over, raising a cumulative $72.0 million compared to $16.8 million by Paxton’s.

Tracker paxton 16 8

16.8 USD millionsThe Texas Tribune
Recorded passage
Since the beginning of 2025, Talarico’s campaign has lapped Paxton’s several times over, raising a cumulative $72.0 million compared to $16.8 million by Paxton’s.

Poll tppf talarico 44

44.0 percentOverton Insights
Recorded passage
James Talarico, the Democrat 44.0%

Donor brockman 25m

25,000,000.00 USDFederal Election Commission
Recorded passage
"SA17","C00892471","SA17.4915","","","IND","","BROCKMAN","GREG","","","","182 HOWARD ST #19","","SAN FRANCISCO","CA","94105","","","20250912","25000000.00","25000000.00","NON-CONTRIBUTION","OPENAI","PRESIDENT AND CO-FOUNDER","","","","","","","","","","","","","","","","","","","",""

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