Ted Cruz challenger Beto O'Rourke won't send his record-breaking campaign funds to tighter Senate races

Rep. Beto O'Rourke (D-Texas) seems to have raised more money than he knows what to do with. But he's still keeping it for himself.

O'Rourke, who is fighting to take Republican incumbent Sen. Ted Cruz's Senate seat in Texas, raked in a record-breaking $38.1 million in the last fundraising quarter. Even though polls continue to predict a Cruz victory, O'Rourke isn't yet redirecting any of his efforts — or funds — to any other race.

Despite picking up steam, O'Rourke still trails Cruz by eight points, a recent poll from The New York Times/Siena College found. Similarly pessimistic polls prompted Democratic Party officials to push O'Rourke to send his overflowing funds to Democrats in tighter races, the Times reported.

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O'Rourke did take a step in that direction with an $815,000 transaction to the Texas Democratic Party last month, campaign finance reports show. But that money could go further "in states where candidates just need a little extra to get over the hump," such as "Missouri, Tennessee, or North Dakota," one Democratic strategist told the Times. After all, reports have shown that a good chunk of O'Rourke's millions came from Democrats in states with competitive races of their own.

Still, O'Rourke rejected the idea of directing funds to other Senate races on Monday, telling the conservative Washington Examiner that if people "want to contribute to another campaign, of course they're welcome to do that." But as long as the remaining $22.9 million is in O'Rourke's war chest, he said, he's going to stay "focused on Texas" and "spare no expense" in the final stretch of his own campaign.