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Record US Election Spending in 2024
Record-breaking spending in the 2024 US elections, exceeding $15 billion, with details on major donors and advertising costs.
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Us PoliticsElectionsCampaign FinanceAdvertisingMoney In Politics
OpensecretsAdimpactDemocratic PartyRepublican PartyPacs
Kamala HarrisDonald TrumpMichael BloombergGeorge SorosElon Musk
- How much funding did Kamala Harris's campaign receive, and from what sources?
- Kamala Harris's campaign received $1 billion in direct donations, with 40% from small donors, and an additional $586 million from political action committees (PACs). Major donors included Michael Bloomberg ($93 million) and George Soros ($56 million).
- What was the funding breakdown for Donald Trump's campaign, including major donors?
- Donald Trump's campaign raised $382 million in direct donations (28% from small donors) and $694 million from PACs. Significant contributions came from Timothy Mellon ($197 million), the Wilen family, Miriam Adelson, and Elon Musk, each exceeding $100 million.
- What was the total amount spent on the 2024 US presidential and congressional campaigns?
- The 2024 US presidential and congressional campaigns saw a record-breaking $15.9 billion in spending, more than double the amount spent in 2016. This surpasses the $15.1 billion spent in 2020, highlighting a significant increase in campaign costs.
- How did the Democratic and Republican parties compare in their spending on digital advertising?
- The Democratic party significantly outspent the Republican party on social media advertising, particularly on Facebook and Instagram. This disparity highlights differing campaign strategies in utilizing digital platforms to reach voters.
- How much was spent on campaign advertising in 2024, and where were the largest investments made?
- A total of $10.5 billion was spent on campaign advertising in 2024, with significant investments in swing states like Pennsylvania ($264 million), Michigan ($151 million), and Georgia ($137 million). Digital advertising accounted for $419 million.