2016 Will Make the Strongest Case for Publicly Funded Elections
via IVN
The 2012 presidential election was certainly the most expensive in American history. President Obama‘s re-election effort cost $1.1 billion, including nearly $700 million spent directly by his campaign. Mitt Romney‘s campaign spent over $400 million, but he received almost $800 million in additional outside help.
The cost of the 2016 presidential election, however, is expected to surpass these figures. One estimate reaches as high as $5 billion, and Hillary Clinton’s campaign might spend as much as $2 billion on its own.
Presidential elections were not always this pricy.
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