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The most expensive election in US history: FT calculates the costs

Nov 6, 2024

According to the Financial Times, US presidential candidates Kamala Harris and Donald Trump have spent a record $3.5 billion on their campaigns, making the 2024 elections the most expensive in US history.

Source: “Yevropeiska Pravda with reference to the Financial Timesю

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The newspaper noted that a total of about $4.2 billion was raised, including contributions from party committees and outside groups.

It is reported that Harris was able to raise more money than Trump, raising more than $2.3 billion through the Democratic National Committee, super PACs and so-called Super Pacs, which can receive unlimited donations from individuals. Of this amount, $1.9 billion has already been spent.

Instead, Trump's team has raised just over $1.8 billion, of which $1.6 billion has been spent.

As noted, about half of all funds went to advertising, especially in seven states considered key to the election results.

Author - Dmitriy Levchenko, 06/11/2024

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