November 5. 2008

President Obama and family

The 2008 U.S. presidential election came with a whopping $5.3 billion dollar price tag. That is a very substantial sum of money. It really shouldn’t take that much cash to get elected.

STORY SOURCE

2008 campaign costliest in U.S. history

The 2008 campaign was the costliest in history, with a record-shattering $5.3 billion in spending by candidates, political parties and interest groups on the congressional and presidential races. That sum marks a 27 percent increase over the $4.2 billion spent on the 2004 campaign, according to the Center for Responsive Politics, which compiled the figures. The amount spent on the presidential race alone was $2.4 billion when all candidates and related expenses are included, the center found.

http://www.politico.com