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Big Money

House, Senate Races to Drop $2 Billion

New record in election fundraising.

Who needs another stimulus when we have elections? Figures for this year’s frantic midterm elections show that House and Senate candidates are on track to raise a jaw-dropping $2 billion for their races. And that’s not even including outside groups, who—despite all the fuss about special-interest money—are only on track to weigh in with about $400 million in spending. Broken down into House and Senate numbers, House candidates will probably spend about $1.5 billion on getting themselves into office, while Senate hopefuls will likely end up raising around $550 million.

Read it at The Washington Post

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