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  1. Feb 11, 2021 · While the presidential election drew a record $5.7 billion, congressional races saw a stunning $8.7 billion in total spending. Nine of the 10 most expensive Senate races ever occurred in the 2020 cycle. Five of the 10 most expensive House races happened in 2020.

  2. www.opensecrets.org › elections-overview › cost-ofCost of Election - OpenSecrets

    The amount of money congressional and presidential candidates reported having spent on their campaigns between Jan. 1, 2019 and Dec. 31, 2020. To prevent double counting, we excluded money donated from one candidate to another as well as money transferred to party committees.

    • Increased Independent Spending
    • Changing Dynamics of Donors
    • Impact of Spending Limits

    Since the Citizens United ruling, election expenditure has significantly increased, with an immediate explosion of independent spending from groups such as Super Pacs, directly after the decision. Comparing the electoral cycle directly before Citizens United in 2008 to the next comparable cycle in 2012, using data from the Center for Responsive Pol...

    In order to keep up with election costs, some candidates focus their fundraising on donations below US$200. During the 2018 midterm elections, senators Elizabeth Warren and Bernie Sanders respectively raised 76% and 56%of their total funds in this way. In contrast, some candidates refrain from focusing any efforts at small donors, with senators Mit...

    In presidential elections, candidates are subject to spending limits if they accept public funding. With an increased amount of private money in the system, most candidates have chosen to forgo public subsidiesin recent elections, rendering the spending limit obsolete. Several other countries, including Canada and the UK, successfully cap election ...

  3. Oct 29, 2020 · That stunning total is not only the most money ever spent on a federal election but also represents more than a doubling of the cost of the races in the last presidential election cycle in 2016 ...

  4. Jan 1, 2019 · United States House and Senate candidates running in the 2020 election cycle reported raising $4 billion and spending $3.8 billion between January 1, 2019 and December 31, 2020. Candidates for the two chambers reported combined total debts of $99.7 million and combined total cash-on-hand of $552.5 million as of December 31, 2020.

  5. As of the Post-General report in Year 4, the fundraising leader across the past four election cycles was Joe Biden (D) in 2020, who had raised $1.06 billion. He was followed by Barack Obama (D) in 2008, who had raised $982 million in inflation-adjusted funds. Obama's 2012 campaign followed with $847 million in fundraising.

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  7. Oct 28, 2020 · The biggest driver of political spending this year has been — no surprise — the presidential race, ... total money raised in the 2020 cycle. ... since 2019, much of the spending going toward a ...

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