The enormous cost of the 2024 US election.

The 2024 US election is expected to be the most expensive in history, with total contributions reaching $15.9 billion, according to AFP.

APF today, November 6th, cited figures from the non-profit organization OpenSecrets indicating that spending on the 2024 US election, with voting officially taking place on November 5th (US time), will surpass the $15.1 billion spent on the 2020 US election and double the $6.5 billion spent in 2016.

Staff members chat at a call center event after Democratic presidential candidate and U.S. Vice President Kamala Harris visited the Democratic National Committee headquarters on Election Day, November 5, in Washington, D.C.

In the fiercely contested presidential race, U.S. Vice President Kamala Harris has emerged as a leader in fundraising. Her campaign has directly raised over $1 billion, with 40% coming from small donors, plus an additional $586 million from political action committees.

Michael Bloomberg is a leading donor to the Democratic Party, contributing approximately $93 million. Investor George Soros has provided $56 million to the Democratic Party through his political action committee.

Meanwhile, former US President Donald Trump's campaign raised $382 million directly, with 28% coming from small donors, and affiliated committees contributed $694 million.

The biggest donor is Timothy Mellon, the reclusive 82-year-old banking heir, who has contributed $197 million to Trump and Republican party activities.

Other major Republican supporters include Richard and Elizabeth Uihlein from the packing industry, casino mogul Miriam Adelson, billionaire Elon Musk, and hedge fund investor Kenneth Griffin, each contributing more than $100 to Trump and Republican causes.

In total, $10.5 billion was spent on campaign ads in races ranging from presidential to local official positions, according to data released by advertising tracking company AdImpact.

The presidential campaigns of Harris and Trump spent a combined $2.6 billion on advertising from March to November 1st. The Democratic Party spent $1.6 billion, while the Republican Party spent $993 million.

The themes emphasized in Harris's ads are taxes, abortion rights, the economy , and healthcare. Trump's ads primarily focus on immigration, inflation, crime, taxes, and the economy.

Pennsylvania leads the "battleground" states in presidential campaign spending with $264 million, followed by Michigan with $151 million and Georgia with $137 million.

Overall, Pennsylvania has seen an astonishing $1.2 billion spent across all the races in the 2024 US election, according to AFP.

Source: https://thanhnien.vn/chi-phi-khung-cho-bau-cu-my-2024-18524110607112007.htm