Financial Comparison: Democracy PAC vs. MAGA Inc.
Super PAC | Political Lean | Total Raised | Key Donors |
---|---|---|---|
Democracy PAC / PAC II | Democratic | $60.7 million (2024 cycle, as of June 30) + $1.1 million for 2024 (PAC II, with $138M leftover from 2022) | Primarily funded by George Soros and his Fund for Policy Reform |
MAGA Inc. | Republican | $198.9 million (Between the 2024 election and end of June 2025) | Dominated by million-dollar donations, including from corporate entities like Energy Transfer and Crypto.com |
Context and Key Differences
Fundraising Scale and Donor Base: The fundraising for MAGA Inc. has been described as "unprecedented" for this point in a presidential term. A striking 96% of its funds come from donors who gave more than $1 million each. In contrast, the Democracy PACs are largely funded by a single source, George Soros, and his affiliated Fund for Policy Reform.
Spending Strategy: The Democracy PACs primarily function as pass-through entities, distributing large contributions to other liberal political organizations. For example, in the 2024 cycle, Democracy PAC contributed millions to the FF PAC, Senate Majority PAC, and Planned Parenthood Votes. On the other hand, as of the report, MAGA Inc. had spent very little of its massive haul, with its future spending strategy focused on influencing congressional races yet to be fully realized.
Organizational Structure: The search results also highlight a "dark money" group affiliated with Trump called Securing American Greatness, which does not disclose its donors. This group has transferred millions to MAGA Inc., adding another layer of financial support that is not fully transparent.
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