Record $21b spent on 2024 US election campaigns
The Straits Times|November 07, 2024
The 2024 US election, which went to the polls on Nov 5, is set to become the most expensive in history, with total contributions reaching US$15.9 billion (S$21 billion).
Record $21b spent on 2024 US election campaigns

The spending, which includes congressional contests, will surpass the US$15.1 billion spent in 2020 and more than double 2016's US$6.5 billion, according to non-profit organisation OpenSecrets.

In the hotly contested presidential race, Vice-President Kamala Harris has emerged as the fund-raising leader.

Her campaign directly raised over US$1 billion, with 40 per cent coming from small donors, plus an additional US$586 million from supporting political action committees.

Donald Trump's campaign raised US$382 million directly, with 28 per cent from small donors, while affiliated committees contributed US$694 million.

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