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.
This story is from the November 07, 2024 edition of The Straits Times.
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This story is from the November 07, 2024 edition of The Straits Times.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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