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Biden and Harris Raise Over $1.5 Billion by End of 2024 Election Cycle?
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Federal Election Commission (FEC) filings and OpenSecrets.org data
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2024 U.S. Presidential Election Spending Hits Record $15.9 Billion; Biden and Harris Raise $1 Billion, 2.5 Times More Than Trump
Nov 5, 2024, 03:58 PM
The 2024 U.S. presidential election is projected to be the most expensive in history, with total campaign spending expected to reach $15.9 billion, according to data from OpenSecrets. This figure surpasses the previous record of $15.1 billion set in 2020. Major political parties have significantly raised funds, with Kamala Harris and Joe Biden collectively raising $1 billion, which is 2.5 times more than Donald Trump's fundraising efforts. The escalating financial demands of the election reflect a growing trend in campaign expenditures over recent cycles, with spending increasing from $3.1 billion in 2000 to the current record.
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