The upcoming U.S. presidential election is set to break records with total campaign spending projected to exceed $15.9 billion, according to bipartisan agency OpenSecrets. In recent years, election campaign costs have been skyrocketing, a trend evident not only in this year's race but also in the 2022 midterms, which were the costliest midterm elections ever. This relentless surge in campaign financing underscores that the road to Washington is paved with gold, raising concerns about the influence of money in politics and the accessibility for average citizens to participate effectively.
Reference(s):
cgtn.com