Campaign Spending

Written by  //  January 10, 2008  //  Economy  //  Comments Off on Campaign Spending

The $1 billion campaign
Jan 8th 2008
THE American presidential race in 2008 will be the costliest campaign yet, with the candidates of each of the two main parties getting through $500m each by November. Add the cash raised by the losing candidates, spending by national committees, political-action groups and the like, and Fortune magazine reckons the total cost could be $3 billion. Campaign-finance reformers bemoan the corrupting influence of such large sums. But a more sanguine columnist, George Will, points out that Americans spend $2 billion on Easter treats.

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