US midterms campaign 'shattering' spending records to be most expensive ever
America's midterm campaign is set to become the most expensive ever recorded, with total spending projected at nearly twelve billion dollars.
America's midterm campaign is on course to become the most expensive ever recorded, with independent trackers projecting total spending of nearly twelve billion dollars.
That figure would be about thirty percent higher than spending in the last midterm elections, and more than nine and a half billion dollars had already been spent by the middle of October, according to federal filings.
Political action committees account for over half of the money spent so far, with their outlays almost doubling in the final months of the campaign.
The biggest single donor is billionaire businessman Elon Musk, who has given almost half a billion dollars, mostly in support of Republican candidates.
As voters head to the polls, the money race itself has already made history.
Reporting based on coverage from BBC News.