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Democrats Out-Raise GOP, Senate Odds Slip to 51%

5/3/2026

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Story summary
  • Democrats have out-raised Republicans in all four GOP-held Senate seats, narrowing the 2026 midterm funding gap.
  • Polls show Democrats leading or tied with incumbents in Alaska, Maine, North Carolina and Ohio.
  • Kalshi’s market odds for Republican Senate control fell from 67 % early 2026 to 51 % on April 29.
  • Republicans cite tax cuts, warn of tax hikes, and note President Donald Trump’s polarizing impact on turnout.