Comment on US election financing topped $2bn in 2012 to become most expensive ever

US election financing topped $2bn in 2012 to become most expensive ever

Report tallying funding surge in election's final weeks shows massive influx of cash from Super Pacs and the campaignsThe 2012 presidential election broke the $2bn milestone in its final weeks, becoming the most expensive in US political history, according to final federal finance reports. The reports detailed a last-minute cascade of money from mega-donors and an onslaught of spending by the Obama and Romney campaigns and Super Pacs.The final campaign finance tallies filed with the Federal Election Commission on Thrusday included nearly $86m in fundraising for the losing presidential candidate, Republican Mitt Romney, in the election's last weeks.

 

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