Source:
PRNewswire-USNewswireThe 2008 election for president and Congress is not only one of the most closely watched U.S. elections in years; it's also the most expensive in history. The nonpartisan Center for Responsive Politics estimates that more than $5.3 billion will go toward financing the federal contests upcoming on Nov. 4. ...
... "This election will blow through historic records on a number of
counts," said Sheila Krumholz, executive director of the Center for
Responsive Politics. "We've marveled for years at the cost of elections,
especially during presidential cycles, but this one is the first to cross
the $5 billion mark. At the same time, it's encouraging to see more
Americans than ever participating and offsetting the traditional dominance
of special interests and wealthy donors who might be expecting payback. The
only payback the small donor is expecting is a victory on Election Day. And
that's healthier for our democracy." ...
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