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Election Spending Could Top $4 Billion, Shatter Record for Midterm

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The 2010 election will be the most expensive midterm contest ever in the United States, with spending expected to top $4 billion by Election Day, a Washington research group said Wednesday.

The Center for Responsive Politics reported that parties, candidates and outside groups will have spent about $1 billion more than in 2006, when the previous non-presidential record was set.

"We knew this election could make spending history, but the rate of growth is stunning," the center's executive director, Sheila Krumholz, said in a statement. "This kind of money in 2010 makes the 2000 presidential election -- hardly a distant memory -- look like a bargain at $3.1 billion."

Nearly $5.3 billion was spent in the 2008 presidential cycle, making it the most expensive election overall.

Krumholz points out that tens of millions of dollars in outside money flooded the election landscape this year, following sweeping changes in fundraising disclosure laws.
Republicans have taken greatest advantage of the new rules, with a number of conservative groups popping up to push GOP candidates in House and Senate races.

House Republicans have raised $502 million, compared to the Democrats' $461.5 million, according to the center. In Senate races, Republicans are out-raising Democrats $400 million to $347 million.

Read the center's election-year money report here.

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4 Comments

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monseigneurdev

That's OK just raise the retirement age..the Millennial Generation will pay it off....or their kids...if they can afford to raise kids.

November 10 2010 at 9:18 PM Report abuse rate up rate down Reply
joper201

If you all would do a little research you would find that Republican spending from ALL sources has been 687 million dollars. Total spending from ALL sources for Democrats has been 1.6 BILLION dollars.How much of that was from from foreign sources such as S E INTERNATIONAL UNION, other Unions, environmental groups. and personal donations all of which do not have to reveal their sources?

October 28 2010 at 1:15 AM Report abuse -2 rate up rate down Reply
patriciaholy

This is all the same old same old, in my opinion the best government is no government at all, this clowns are part of the same illusion of this failed system where all is only play of the worst kind.They all promised to do this that & the other, but the elite that has control of this Country are the one that this politicians obey.This system is for the zombies, not for humanity.

October 27 2010 at 10:08 PM Report abuse +4 rate up rate down Reply
Margaret

Doesn't surprise me a bit JJ. After all, the Koch Bros., who fund the Tea Party, need to make sure the lies, fears and hate disguise the "master plan" of keeping them ignorant of the way the big corporations continue to ship everyone's jobs to China, India, etc. Go ahead, Tea Party, vote for your candidates. Then sit back and watch how they abandon all of you, force you to bow to the Kochs and other corporations as they get rid of the minimum wage, public education, the Civil Rights Act, equal pay for women, etc. After all, they have promised all of that!

October 27 2010 at 9:01 PM Report abuse +6 rate up rate down Reply

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