US presidential race most expensive in history: study
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The 2004 US presidential election is set to smash all spending records according to an independent study, which estimates that more than a billion dollars will be spent on the race for the White House by election day.
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Spending by presidential and congressional candidates and the national party committees that support them already tops &#36;1 billion for the 2004 election cycle, with more than two months of campaigning to go.
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Facts and figures on spending in the presidential race:
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Colorado's tight Senate race between Democratic state Attorney General Ken Salazar and Republican beer executive Peter Coors is shaping up to be the most expensive political race in state history, preliminary contribution information shows.
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When it comes to American presidential elections, blue blood counts.
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While there has been more Internet advertising activity in this year's presidential race than in the past, the money spent on Web ads still pales in comparison to that allocated for TV commercials, the first-ever study of online political ads found.    The study, released Monday by the Pew Internet & American Life Project, said President Bush, Democrat John Kerry, their political parties and allied independent groups spent $2.6 million to post banner ads on Web sites from January through August...
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A brief history of the Presidential Election Campaign Fund:
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Bloomberg - July 3 (Bloomberg) -- Republican presidential candidate Rudy Giuliani beat his rivals by raising $17 million for his campaign during the last three months. Mitt Romney raised $14 million and loaned his campaign another $6.5 million.
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More than 62 million US viewers tuned in to the first of three presidential debates in this year's election campaign, making it the most watched since 1992, according to Nielsen Media Research.
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Whatever the reasons John Kerry and the Democrats lost the race for the White House, lack of money wasn't one. Tax-exempt pro-Democratic groups raising big checks for this year's election collected almost twice as much money as their Republican rivals in the presidential race, a study shows. The financial advantage comes in addition to record fund raising by Kerry, the unsuccessful candidate, and the Democratic Party.
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Bloomberg - July 13 (Bloomberg) -- Rudy Giuliani entered the second half of 2007 with $3 million more in the bank to spend on getting the Republican presidential nomination than former Massachusetts Governor Mitt Romney, according to reports filed today with the U.S. Federal Election Commission.
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The presidential election is predicted to be the tightest race in the countryâs history.
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As the cost of presidential campaigns moves toward the $1 billion mark, leading congressional advocates of tougher campaign finance laws want to reduce the influence of special interests by pumping more taxpayer money into the system.
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CAMPAIGN SPENDING in the 2004 presidential race has already cracked the $1 billion mark, almost twice the amount at this time four years ago.
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The national, state and local party organizations of the Republican and Democratic parties spent a combined total of about $1.1 billion on elections for federal office in the 2005-06 election cycle, according to data released Wednesday by the Federal Election Commission (FEC).
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Politics is a big-money business: In the current presidential election, President Bush and Sen. John Kerry have raised a combined total of nearly half a billion dollars, according to filings with the Federal Elections Commission.
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The battle for Ohio in last year's presidential campaign came with a huge price tag: &#36;100 million for television advertising alone, according to a new study.