9 years ago
Campaigns shatter spending records
The crowded field of 2016 presidential candidates spent $48 million through the first half of the year — nearly twice as much as their counterparts had at this point in the 2012 cycle — reflecting the new realities of fast, expensive campaign launches.The dramatic spending spike — detailed in Wednesday’s reports to the Federal Election Commission covering the beginning of April through the end of June — was underwritten mostly by fewer donors, each giving more money.
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