06.11.2022 - 12:44 [ New York Times ]

Fueled by Billionaires, Political Spending Shatters Records Again

“We’ve broken records with our broken records,” said Sheila Krumholz, executive director of the nonpartisan Open Secrets, which estimated on Thursday that total spending in 2021 and 2022 would reach $16.7 billion when tallied after Election Day, easily surpassing the previous midterm record of $14 billion set in 2018.