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This Week's Election Returns Confirm That Money Can't Buy Politicians Love

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Cite

Sullum, J. (2026, November 4). This Week's Election Returns Confirm That Money Can't Buy Politicians Love. Reason. https://reason.com/2026/11/04/this-weeks-returns-confirm-that-money-cant-buy-politicians-love/

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Reason · collected 2026-11-04 · by Jacob Sullum

Quick Summary

This week's election results show that financial advantages do not guarantee victory for political candidates. In the U.S. Senate race in Texas, Republican Ken Paxton spent $333 million but lost to Democrat James Talarico despite Talarico’s campaign and supporters spending only about $246 million. Similar patterns were observed in other states like Ohio and Georgia, where well-financed candidates from both parties failed to secure victory. The article emphasizes that these outcomes contradict the notion that money can sway election results significantly.
Written by AI on 2026-11-04, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In the 2026 Texas midterm elections, Democrat James Talarico defeated incumbent Republican Ken Paxton for a U.S. Senate seat, marking a significant shift in a traditionally red state. This outcome follows earlier polls showing Democrats ahead in every statewide contest in Texas, including a survey from 254 Labs that questioned 1,000 registered voters between October 21 and 26. Talarico's victory is seen as part of a broader trend where voter frustration with President Donald Trump’s policies contributed to sweeping Democratic gains across the state, notably with Gina Hinojosa becoming Texas’s first Latina governor since 1988. The results signal a major political realignment in Texas and could alter the balance of power in Washington for the remainder of Trump's presidency.

Written for “Texas Midterm Election Results” on 2026-11-05, grounded in this article and the 65 other(s) covering the same event.
Why this leaning score
The article's own words the score was based on. Each is quoted verbatim and was checked against the article text before being stored, so you can find it in the original.
Reading Leans right (beta estimate) Confidence high
Leaning: leans right for article 129776 (high confidence, 2 verified quotes) · logged 2026-11-04

Story

📰 Texas Midterm Election Results
Politics · 66 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads leans right and hedges 11% of its claims. Each row says how that neighbour differs.
The Guardian
⚖️ Leans strongly left further left than this Hedges 27 of 194 claims Outlet record 66/100
“The articles discuss different elections and financial aspects of campaigns; Article A focuses on a specific funding transfer related to a congressional race in Utah, while Article B discusses the overall expenditure in the Texas Senate race.”
TIME
Hedges 13 of 58 claims Outlet record 59/100
“Article A discusses a general overview of the midterm elections, while Article B focuses on specific election results and their implications regarding money's influence in politics.”
The Guardian
⚖️ Leans left further left than this Hedges 7 of 49 claims Outlet record 66/100
“Article A discusses the overall context and historic nature of spending in the midterms, while Article B focuses on specific election results from Texas showing that despite high spending, one candidate lost. These describe different aspects of the same general topic but not the same specific event.”
Fox News
⚖️ Leans left further left than this Hedges 18 of 96 claims Outlet record 68/100
“The articles discuss different aspects related to political advertising spending; Article A covers the general increase in political ad spending for the election cycle, while Article B focuses on a specific example of an expensive U.S. Senate race in Texas where the money did not translate into electoral success.”
BBC News
Hedges 5 of 28 claims Outlet record 66/100
“While both articles discuss high spending in U.S. midterm elections, Article A covers overall midterms expenditure and mentions Elon Musk's donations broadly, whereas Article B focuses specifically on the Texas Senate race and its election results.”
Times of India
Hedges 5 of 36 claims Outlet record 59/100
“The articles discuss different aspects of the 2026 US midterm elections; one covers overall spending trends and the other focuses on a specific expensive Senate race in Texas.”
Al Jazeera
⚖️ Leans left further left than this Hedges 11 of 59 claims Outlet record 60/100
“Article A discusses overall spending in the US midterm elections across all candidates and political groups, while Article B focuses on a single Senate race in Texas and its outcome.”
Washington Examiner
⚖️ Leans left further left than this Hedges 1 of 11 claims Outlet record 69/100
“Article A discusses overall financial dominance by Democrats in the 2026 elections, while Article B focuses on a single expensive Senate race in Texas and its outcome.”
NBC News
⚖️ Leans left further left than this Hedges 1 of 29 claims Outlet record 78/100
“Article A covers multiple close Senate races across several states, while Article B focuses specifically on the outcome of the expensive U.S. Senate race in Texas.”
Mother Jones
⚖️ Leans left further left than this Hedges 2 of 31 claims Outlet record 60/100
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
27
sentences that state something as happening or true
Uncertain
11%
3 of 27 hedged ("reportedly", "may", "according to")
Leaning
Leans right
of the writing, not the subject · beta estimate
Publisher signals
67/100
Reason's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
66
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-04 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Reason · 1143 article(s) · 4 correction(s) detected
Running correction rate · 4 correction(s)

Who wrote this

Jacob Sullum
36 article(s) here · 1 carrying a prediction
🔮 These results might be dismissed as anomalous, the product of anger at the party of an unpopular president whose war, tariff, and deportation policies, combined with his constant self-aggrandizement and presidential profiteering, alienated Americans who otherwise might have voted for Republicans.
🔮 On July 17, 2025, The Wall Street Journal reported that a 2003 album marking the 50th birthday of financier Jeffrey Epstein, who would later be implicated in state and federal sex offenses involving underage girls, included a letter from Donald Trump, a longtime friend.
🔮 The U.S. Constitution says "the times, places and manner of holding elections" for senators and representatives "shall be prescribed in each state by the legislature thereof," although Congress "may at any time by law make or alter such regulations."
🔮 The New York Times presents Ho's speech as evidence that he hopes Trump will nominate him to the Supreme Court, assuming that opportunity arises during the next two years.
🔮 Question 8, a.k.a. the Eliminate Recreational Marijuana Sales and Allow Limited Possession Initiative, would permit adults 21 or older to possess up to an ounce of cannabis.
🔮 In a July 16 letter to California Secretary of State Shirley Weber, the Department of Homeland Security (DHS) said a "preliminary review" suggested there "may be as many as 190,832 non-citizens registered to vote" in her state.
🔮 But the Justice Department's manual for prosecutors says they should not pursue criminal charges unless "the admissible evidence will probably be sufficient" to meet the latter test.
🔮 I would tell you what I did with it, but I don't want to implicate myself in a federal felony.
🔮 The new case "would almost be funny if it weren't such an appalling abuse of the Department of Justice," Comey said in an online video on Monday.
🔮 But as two recent cases illustrate, there are limits to this license for misconduct, meaning officials may still be held accountable when they flout longstanding constitutional principles, even when they do so in novel ways.
Also by Jacob Sullum
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 36 articles by Jacob Sullum →

Topics

Democratic Democrats Republican Republicans Texas

Subjects

Democratic NORP · 5× Paxton PERSON · 5× Republican NORP · 5× Texas GPE · 4× Cornyn PERSON · 3× Republicans NORP · 3× Democrats NORP · 2× Jackson PERSON · 2× AdImpact ORG · 1× U.S. Senate ORG · 1×

Narrative

That conspicuous example is one of several reminders from Tuesday's election results that money can't buy politicians love, contrary to the assumptions of campaign finance reformers who see speech in the form of ad spending as a grave threat to democracy.
framing: assertive · carried by 1 article(s) · first seen 2026-11-04
🔮 These results might be dismissed as anomalous, the product of anger at the party of an unpopular president whose war, tariff, and deportation policies, combined with his constant self-aggrandizement and presidential profiteering, alienated Americans who otherwise might have voted for Republicans.

Claims (27 extracted, 3 hedged)

In fact, according to AdImpact, it was the "most expensive non-presidential race on record," prompting ad spending that totaled $573 million as of October 30. uncertain
that → accord → October
But although Republican nominee Ken Paxton had a sizable financial advantage over his Democratic opponent, James Talarico, he nevertheless lost the election by 12 points. asserted
he → have → points
That conspicuous example is one of several reminders from Tuesday's election results that money can't buy politicians love, contrary to the assumptions of campaign finance reformers who see speech in the form of ad spending as a grave threat to democracy. asserted
who → buy → democracy
In one race after another, candidates prevailed over better-financed opponents, sometimes dramatically. asserted
candidates → prevail → opponents
Pro-Paxton spending in the general election totaled more than $333 million, including $212 million kicked in by Elon Musk, the world's wealthiest man. asserted
spending → total → Musk
That was about 35 percent more than the $246 million or so mustered by Talarico's campaign and his outside supporters. asserted
That → muster → campaign
But it was not enough to prevent Texans from electing a Democratic senator for the first time in nearly four decades. asserted
it → prevent → decades
Paxton lost largely because of his close association with President Donald Trump—the same reason he prevailed against incumbent Sen. John Cornyn in the Republican primary. asserted
he → lose → primary
Trump's favor evidently was enough to overcome Cornyn's vastly superior financial resources. asserted
favor → overcome → resources
Although Cornyn and his supporters outspent Paxton and his allies by more than 3 to 1, Paxton trounced Cornyn in their head-to-head match, winning by more than 27 points. asserted
Paxton → outspent → points
In addition to beating Paxton in the general election, Democrats won several other statewide contests in Texas, defeating Republicans in the elections for governor, lieutenant governor, attorney general, and railroad commissioner. asserted
Democrats → beat → governor
They also have leads in the races for comptroller, land commissioner, and agriculture commissioner. asserted
They → have → comptroller
That sweep is remarkable enough given recent Texas political history, and it is especially striking because Republicans outspent Democrats by more than 5 to 1. asserted
Republicans → give → 5
In the governor's race, The Texas Tribune reports, Greg Abbott, the three-term Republican incumbent, outspent Gina Hinojosa, his Democratic opponent, by nearly 8 to 1. asserted
Abbott → report → 1
Hinojosa won by seven points. asserted
Hinojosa → win → points
In the Ohio gubernatorial race, Republican nominee Vivek Ramaswamy and his supporters outspent Democratic nominee Amy Acton and her allies by nearly 3 to 1. asserted
Ramaswamy → outspent → 3
Acton won by eight points. asserted
Acton → win → points
Republican candidate Rick Jackson spent more than $200 million of his own money on his campaign for governor of Georgia. asserted
Jackson → spend → Georgia
As of October 20, spending on Jackson's behalf totaled $234.6 million, compared to $26.5 million for Democratic nominee Keisha Lance Bottoms. asserted
spending → total → Bottoms
Despite that 9-to-1 financial advantage, Jackson lost the race by more than eight points. asserted
Jackson → lose → points
These results might be dismissed as anomalous, the product of anger at the party of an unpopular president whose war, tariff, and deportation policies, combined with his constant self-aggrandizement and presidential profiteering, alienated Americans who otherwise might have voted for Republicans. uncertain
who → dismiss → Republicans
I am not saying that money does not matter at all. asserted
money → say → ?
The ability to fund campaign ads is vital for the same reasons political speech in general is vital, and money may be crucial to gain name recognition, communicate with voters, and motivate potential supporters, especially for candidates challenging incumbents who have all the advantages that come with holding public office. uncertain
that → fund → office
But as Reason's J.D. Tuccille notes, "there's little evidence that political advertising works" if it aims to change people's minds. asserted
it → note → minds
He cites a 2020 study that found advertising's "effect on whom individuals intended to vote for" was "a statistically insignificant 0.007 of a percentage point." asserted
individuals → cite → point
That experimental result, the authors noted, was consistent with prior research indicating that "average effects of persuasive messages are small." asserted
effects → note → messages
And that conclusion jibes with real-world experience, which has repeatedly shown that ad spending cannot make up for the manifest defects of candidates like Ken Paxton. asserted
spending → jib → Paxton
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