Senator Mitch McConnell addressed the Senate on FY26 defense appropriations, highlighting funding shortfalls and future budget goals.
Quiver AI Summary
Senator McConnell discusses fiscal challenges: U.S. Senator Mitch McConnell, Chairman of the Senate Appropriations Defense Subcommittee, addressed the importance of the Fiscal Year 2026 Defense Appropriations bill on the Senate floor. He emphasized that hard power is essential for U.S. national security and urged for continued investment in defense capabilities.
Concerns about proposed funding levels: McConnell criticized the Biden administration's initial budget request, which he described as insufficient to meet defense needs, highlighting a $40 billion funding gap. He noted the Senate's appropriators have worked hard to address these challenges, but more consistent funding is needed moving forward.
Looking ahead to FY27: As the Senate moves to finalize FY26 funding, McConnell expressed hope for greater collaboration with appropriators to meet rising defense demands. He mentioned the President’s ambitious goal of a $1.5 trillion defense budget for FY27, asserting that achieving this target will require resolving ongoing budgetary issues swiftly.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Mitch McConnell Fundraising
Mitch McConnell recently disclosed $0 of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 1544th most from all Q3 reports we have seen this year. nan% came from individual donors.
McConnell disclosed $23.4K of spending. This was the 973rd most from all Q3 reports we have seen from politicians so far this year.
McConnell disclosed $7.3M of cash on hand at the end of the filing period. This was the 26th most from all Q3 reports we have seen this year.
You can see the disclosure here, or track Mitch McConnell's fundraising on Quiver Quantitative.
Mitch McConnell Net Worth
Quiver Quantitative estimates that Mitch McConnell is worth $66.1M, as of January 30th, 2026. This is the 24th highest net worth in Congress, per our live estimates.
McConnell has approximately $46.9M invested in publicly traded assets which Quiver is able to track live.
You can track Mitch McConnell's net worth on Quiver Quantitative's politician page for McConnell.
Mitch McConnell Bill Proposals
Here are some bills which have recently been proposed by Mitch McConnell:
- S.2572: Department of Defense Appropriations Act, 2026
- S.1674: Mammoth Cave National Park Boundary Adjustment Act of 2025
- S.930: A bill to amend the Internal Revenue Code of 1986 to exclude from gross income capital gains from the sale of certain farmland property which are reinvested in individual retirement plans.
- S.698: Federal Prisons Accountability Act of 2025
- S.500: CAREER Act of 2025
- S.476: White Oak Resiliency Act of 2025
You can track bills proposed by Mitch McConnell on Quiver Quantitative's politician page for McConnell.
2026 Kentucky US Senate Election
There has been approximately $25,610,794 of spending in Kentucky US Senate elections over the last two years, per our estimates.
Approximately $7,222,671 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- WIN IT BACK PAC ($2,017,313)
- FIGHT FOR KENTUCKY ($1,889,011)
- RESTORATION OF AMERICA PAC ($1,659,890)
- KEEP AMERICA GREAT PAC, INC. ($1,392,337)
- SENATE CONSERVATIVES FUND ($118,828)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Kentucky US Senate election.
