“11,000 Political Groups Spent $14.7 Billion to Influence the 2024 Election,” Bloomberg wrote, reporting the particulars: [I]t’s Vice President Kamala Harris who has the huge money advantage. She’s raised large sums from wealthy supporters and grassroots donors alike, which allowed her campaign to spend more handily compared to Trump’s, pouring $875 million into the race compared to $355 million for the Republican nominee. Billions have passed through the coffers of the parties’ fundraising political action committees, including Democrats’ ActBlue and Republicans’ WinRed, which have processed more than 113 million donations and distributed $4.5 billion to other committees. The two PACs account for more than 31 cents of every dollar spent in the US, and have the most financial activity of any of the committees that spent money in the 2024 election cycle. The US political system runs on money – and lots of it. With no legal limits on how much money can go into electing candidates to the White House and Congress, voters are deluged with ads, text messages and mailers as Republicans and Democrats battle to influence a deeply divided electorate.Money talks, but BS is expensive...
Monday, November 4, 2024
Big Money
Team Harris spent a lot of cash:
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