By Noah Rothman
Monday, April 06, 2026
According to the New York Times, Texas Democratic Senate nominee James
Talarico is a powerhouse fundraiser.
“In the first two months of the quarter alone, Talarico’s
campaign had already raised more money online — $14.3 million, according to
filings from the Democratic payment processor ActBlue — than any Senate
candidate in the country raised in an entire quarter in 2025,” the Times
dispatch read. At his current pace, Talarico is set “to lap the rest of the
field” of Democratic candidates nationwide, raising as much as $20 million or even $30 million. And the candidate is not
husbanding his resources. One data tracker indicated that “Talarico spent
nearly $250,000 on ads in just the final two days of the quarter.”
What is it about Texas that convinces Democratic donors
to shovel vast sums into its statewide races, depriving more capable candidates
in more winnable statewide races elsewhere of cash that might help yield more
measurable returns? Theories abound. But what is beyond dispute is that
Talarico is only the latest candidate to benefit from this bizarre Democratic
tradition.
Former Representative Colin Allred, for example, raised
about $30 million in 2024, well outpacing the fundraising totals
generated by his opponent, Senator Ted Cruz. In the end, Cruz defeated Allred
handily with 53 percent of the statewide vote.
In 2022, former Representative Beto O’Rourke “raised a
staggering $27.6 million” in the first five months of the year alone.
“O’Rourke’s $27.6 million is the most a candidate for state office in Texas has
ever raised in a reporting period,” the Texas Tribune marveled. It was the most impressive
fundraising performance from a Democratic candidate since O’Rourke challenged
Cruz in the 2018 race for Senate, in which the former congressman raised (and
spent) more than $80 million.
O’Rourke lost the 2018 race, but only by a little more
than two points. Despite the financial debacle’s smaller scale, O’Rourke’s
eleven-point loss in the 2022 race against incumbent Governor Greg Abbott was
surely a bigger embarrassment.
And then there was Wendy Davis. The pro-abortion
state-level lawmaker became a national Democratic celebrity for wearing running
shoes onto the Texas House floor to (unsuccessfully) filibuster a 20-week abortion ban bill,
translating her fame into a gubernatorial campaign. She lost that one, too, and
by 21 points, no less. Davis also spent $36 million for the privilege, and
Democrats were compelled to find consolation in the notion that her fundraising
apparatus was a victory in and of itself. But not everyone on the left bought
that spin.
“The idea was that an Obama-style organizing operation
could make a real impact in down-ballot races, which are traditionally less
sophisticated,” Mother Jones correspondent Tim Murphy wrote.
“It didn’t.”
No lessons were learned, though. It seems the Democratic
donor class will continue to funnel cash into Texas Democrats’ coffers while
expecting different results. Today, though, the situation really could be
different, particularly if Republicans nominate the state’s scandal-plagued
attorney general to the Senate over the four-term incumbent. If, however, the
historical pattern repeats, Democrats will kick themselves in November over
their poor resource allocation strategy, and they’ll resolve to never do that
again. And this time, they’ll really mean it.
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