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Uploaded on Nov 2, 2010
"The cost of campaigning is about $4 billion dollars for the 2010 midterm elections, making past seasons look like a bargain.
The Center for Responsive Politics provided data for the uptick in spending.
Congressional candidates claim responsibility for $1.7 billion of the campaigning binge, political parties delved out about $1.1 billion and outside interest groups laid a stake of $400 million. The rest of the money is attributed to last minute advertising and other spending activity leading up to the final days at the polls.
Conservative organizations are spending more than $2 on advertising for every $1 liberals groups spend. The conservative candidates themselves, in the House and the Senate, are outpacing Democratic candidates spending as well.
Another pointed piece of data, campaign donations from big business have rerouted to the Republican party, after unpopular policies amongst the group passed.
In contrast to this election year, campaign spending in the 2006 midterm elections was $1 billion dollars. "