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2024 US Presidential Election Spending Hits Record High, Costs $3.50 billion in Total

According to the Financial Times, the 2024 US Presidential Election set a record for the highest campaign spending in history. The Trump and Harris camps together raised nearly $4.20 billion, and the actual expenditure reached $3.50 billion. The report shows that as of mid-October, the fundraising scale of the two candidates' campaigns, external support groups and party committees was basically flat.