How 2014's Midterms Became The Most Expensive Ever
Due to a surge in outside spending, the $3.67 billion election is expected to break the record for the costliest midterm in the nation's history.By Elizabeth Hagedorn | November 3, 2014
Tuesday is expected to go down as the most expensive midterm in the nation's history.
The price tag? Nearly $3.7 billion, according to the non-partisan Center for Responsive Politics. Most of that — about $2.7 billion — was spent by candidates and their parties, with another $900 million from outside groups.
Although the 2010 midterms cost about the same, outside spending that cycle accounted only for $309 million. Now, with PACs and Super-PACs now an entrenched part of campaign finance, outside spending is at record highs. (Video via Voice of America)