The total cost of the races for the White House, Senate and the House is an unprecedented $14 billion, more than twice as expensive as 2016.($6.9 billion)
Democratic candidates and groups have spent $6.9 billion, compared to $3.8 billion for Republicans. $2 billion was spent on TV ,Facebook and Google ads.
Biden will be the first candidate in history to raise $1 billion from donors. President Trump raised $596 million, last election Trump spent $66 million of his own money compared to $8,000 this time .
Most expensive congressional race of all time is North Carolina where $265 million was spent. Iowa $218 million, South Carolina $164 million.
Outside spending by super PACs, political parties and “dark money” groups, among others, totals $2.6 billion. That’s nearly double the amount spent at this point in the 2016 election cycle.
Las Vegas casino owner Sheldon Adelson and his wife Miriam, a physician, have given $183 million to GOP candidates and groups, the largest sum any couple has given in a single election cycle. former New York City mayor Michael Bloomberg is the second most generous donor -$107 million to Democratic committees in addition to his billion-dollar self-funding effort in the presidential race.
Wyoming investor Timothy Mellon gave $65 million to GOP committees in 2020 ,Republican donor Jeffrey Yass gave $25 million. Combined top 10 wealthy individual donors raised $642 millions.
Wall Street backed Biden over Trump $70 million as opposed to Trumps $18 million.
America is en-route to having a femail Commander-In-Chief. Selections are a Huuge waste of money.
https://www.opensecrets.org/news/2020/10/cost-of-2020-election-14billion-update/