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The 2024 presidential election is on track to be the most expensive in history, even as one of the two major candidates has essentially run one of the shortest campaigns in modern times.
The AP reports that Trump took in less than $14 million in January — a pittance by modern presidential campaign standards — compared to Joe Biden’s $42 million in the same period.
Through March, the most recent month for which campaigns have filed campaign finance reports, the Biden campaign had more than $85.5 million banked away, while Trump’s campaign had $45.1 million.
For example, a candidate who won an election to the U.S. House of Representatives in 1990 spent on average $407,600 (equivalent to $950,000 in 2023), [1] while the winner in 2022 spent on average $2.79 million; in the Senate, average spending for winning candidates went from $3.87 million (equivalent to $9.03 million in 2023) to $26.53 million ...
In the run-up to the 2024 U.S. presidential election, President Joe Biden, Vice President Kamala Harris, and former President Donald Trump have collected more than $1 billion each from a variety ...
One source reported that if the costs for both Democratic and Republican campaigns were added together (for the presidential primary election, general election, and the political conventions), the costs have more than doubled in only eight years ($448.9 million in 1996, $649.5 million in 2000, and $1.01 billion in 2004). [3]
According to Republican National Committee member Henry Barbour of Mississippi, although some candidates will raise over $50 million during the course of 2015, in order to be competitive candidates will need to raise at least $10 million to $15 million during the course of 2015 (prior to the caucus and primary elections in early 2016). [7]
The statement comes as a denial of a rumor that Winfrey was paid $1 million by the campaign, which had been reported by some outlets. “The campaign paid for the production costs of ‘Unite for …