Texas fundraising reports for the first half of 2025 are out, and Republicans continue to out-raise Democrats by a considerable margin, and sometimes orders of magnitude.
Gov. Greg Abbott continues to show off his fundraising prowess and flaunt his status as the financial king of Texas politics. He raised $20 million in just a couple of weeks and has $87 million in his war chest between his cash on hand account and his Texans for Greg Abbott PAC.
“Support from thousands of donors across the state reflect the unwavering trust Texans have in Governor Abbott’s strong leadership,” said Campaign Manager Kim Snyder. “The broad backing we’ve received proves that Texans are committed to keeping our state strong, secure, and prosperous.”
In the last two reporting periods, Abbott has raised $43 million, and with a re-election bid next year, he has the capacity to bring in far more. His advisors have stated they want to put $20 million into flipping Harris County back to red, and a similar attempt is in the works to continue the momentum Republicans gained in South Texas last year.
And all of that will take money — lots of it. Abbott doesn’t yet have an opponent, but if he doesn’t draw a top-level challenger, Republicans across the state will depend on him and his money to be the rising tide that lifts all of their boats up and down the ballot. The governor has also hinted at a Texas House crusade on property tax reform similar to his school choice push that succeeded in 2024.
In 2022, Abbott had what should qualify as a “top tier” challenger in Robert Francis “Beto” O’Rourke, who actually managed to outraise him by $3 million. This managed to reduce his 2018 margin of victory from 13.3% to 10.9%. And for all his goofiness and the malleability of his “principles,” O’Rourke did the work. Against Cruz in 2018 and Abbott in 2022, he was an indefatigable campaigner who built effective, tech-fueled campaign teams that raised tons of money. It wasn’t enough, but O’Rourke in 2022 was undoubtedly better funded, organized and motivated than the Lupe Valdez campaign in 2018 or the Wendy Davis campaign in 2014, and will probably be better than whatever token opposition Democrats can dredge up against him in 2026. Barring a self-funding billionaire jumping in (which seems unlikely), Abbott should have an overwhelming funding advantage against anyone running against him.
If reelected, Abbott would surpass Rick Perry’s record of 5143 days as Governor on February 19, 2029.
Lt. Gov. Dan Patrick can play a similar role with his $37 million cash on hand. So far, his only declared opponent is state Rep. Vikki Goodwin (D-Austin) who raised $36,000 and has $219,000 cash on hand. Patrick will have plenty at his disposal to fend off Goodwin and at the same time play a role in the elections for the currently four open Senate seats, and more if he so chooses.
Two orders of magnitude less funding and an Austin liberal is hardly a recipe for success running statewide in Texas.
Patrick is closer to the end of his time as the state’s second in command than the beginning, and speculation has buzzed about him ultimately not seeking re-election next year. But in addition to maintaining publicly that he’s running, he’s raising money like it, too.
“More miles traveled, more media coverage, more meetings held, and more money raised than anything I have ever seen in Texas. He has set the pace for the 2026 reelection campaign, and it is fast!” said Allen Blakemore, Patrick’s political consultant.
Being the two biggest elephants in the room, Abbott and Patrick can affect a lot of other races if they choose to, and both are very much eyeing their post-office legacies.
In the Year of Beto, Democrats got within 5 points of Patrick, and then in 2022 were back to losing by ten points.
Texas politics is a prolific business; there were 18 seven-figure or higher contributions made in this reporting period. Another 15 were half a million dollars or more.
Among these include $10 million from the law firm Arnold & Itkin into their new Texans for Truth and Liberty PAC; $9.1 million from Las Vegas Sands owner Miriam Adelson into her Texas Sands PAC; $5 million from Tim Dunn into his Texans United for a Conservative Majority; $3 million from Phillip Huffines into his brother Don’s comptroller campaign; and $2 million from Elon Musk to Texans for Lawsuit Reform and one of their arms.
Sands PAC is a big supporter of the Straus-Bonnen-Phelan-Burrows cabal. Texans for Lawsuit Reform used to be a powerful force, before a series of missteps (such as backing the Paxton impeachment effort) diminished their influence. Musk is theoretically starting a third political party (based on a Twitter poll), but I haven’t seen any signs it’s actually happening. He’s one of the few individuals wealthy enough to run a successful statewide race, but probably not against Abbott, with whom he’s evidently a big pen pal.
Abbott himself pulled in four million-dollar checks during the brief fundraising period.
Given the lack of contribution limits and its political importance nationally, it’s easier to raise jaw-dropping amounts of money in Texas than anywhere else.
Democrats are farther away from winning anything statewide than they were in 2018, and while offyear elections typically favor the party out of the White House, Democrats just seem to keep falling further and further behind.
Maybe I’ll have a chance to look at some of the other races later…
