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Today on Highway to Hill: The 2026 midterms are shaping up to be the most expensive in history. Both parties are raising and spending boatloads… but are any of these dollars making a difference? What is all this money telling us about which seats the two parties are targeting, and which they’re triaging? Finally, the Republicans have a big spending advantage, but are their dollars going as far as the Democrats’ are?

This week’s syllabus 📚

* “Republicans enter triage mode as their election hopes continue to dim” (Andrew Howard, Erin Doherty and Lisa Kashinsky, POLITICO)

* “Top G.O.P. Groups Pull Support From First House Incumbents” (Shane Goldmacher, The New York Times)

* “John Thune hopes to flood a ‘big map’ with a GOP money wave” (Jordain Carney, POLITICO)

* “Big Money Breaks Records, Boosts GOP: 5 Things to Know About the Midterms” (Ian Vandewalker, Brennan Center for Justice)

* “Why the GOP’s spending advantage is nowhere near as big as it looks” (David Nir, The Downballot)

* “The Multipath Money Trail: Financing Congressional Elections from 1990 to 2024” (Charlie Hunt and Jaclyn Kettler, The Forum)

* “Omar home search raises fears about election season probes” (Michael Macagnone, Roll Call)



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