Obama And Romney Raised Over $2 Billion

The 2012 Presidential election hit a milestone:

The most expensive election in the history of expensive elections passed a major milestone Thursday evening: the cost of the election was revealed to be more than $2 billion dollars. Campaign finance forms released Thursday evening showed the combined fundraising of the Romney and Obama campaigns brought the election over the top of the mark. That is one killer check to cover. It’s unclear how much, exactly, each campaign raised, but we knew Obama hit the more-than-$1 billion mark at the end of October.

Romney eventually passed the mark too, thanks to a little help from his super mega rich friends. The Romney campaign had a surge of $86 million raised between October 18 and November 26, Politicoreports.

Anyone want to go for $4 billion next time?

FILED UNDER: Campaign 2012, Quick Takes, US Politics
Doug Mataconis
About Doug Mataconis
Doug holds a B.A. in Political Science from Rutgers University and J.D. from George Mason University School of Law. He joined the staff of OTB in May 2010. Before joining OTB, he wrote at Below The BeltwayThe Liberty Papers, and United Liberty Follow Doug on Twitter | Facebook

Comments

  1. EazieCheeze says:

    So much economic stimulus!

  2. Geek, Esq. says:

    $2 billion to flip North Carolina and Indiana back to red.

  3. Tsar Nicholas says:

    Money well spent for the left/Democrats.

    Obamacare for all practical purposes, barring a meteor strike, is permanent. That will destroy the labor markets once and for all, which means going forward a lot more people will need gumbmint assistance. And if a lot more people need gumbmint assistance for whom do you suppose they’ll be voting in future elections?

    Obama will have the opportunity to replace Ginsburg and Breyer with 45 year-old versions of Ginsburg and Breyer. And now we’re but a mere heart attack away from an absolute left-wing majority on the SCOTUS.

    With rare exceptions Obama also will be able to stack the lower federal courts with liberal activists.

    Obama now has four more years in control of the federal agencies. And that’s not child’s play. The NLRB, for example — which jumped the shark tank a couple of years ago with the Boeing fiasco — already has indicated post-reelection that it’s prepared to go full Trotsky. The SEC and especially the EPA as we speak also are sharpening their long knives.

    None of this will end well, granted, but that’s the whole point. Elections have serious consequences.

  4. stonetools says:

    I guess Citizens United is working as it should.

    Weren’t there conservative pundits who assured as that Citizens United would have little effect on the flow of money into politics?.

  5. Barfour says:

    Did you say Romney raised $86 million between October 18 and November 26, or is it November 6?

    To me, this is one of the reasons why presidential and other campaigns should be limited to a specific time period. Do you know that in Canada, general election campaigns last for five weeks and you can bet that it costs a hell of a lot less than in the US. In Britain general election campaigns also goes on for just weeks and the whole process costs not more than about $60 million, and voters in Canada and Britain are not any less informed than voters in America. American presidential campaigns last for about two years hence the huge cost, and we are about to see a four year campaign. Campaigning for 2016 has already began.

  6. An Interested Party says:

    Obamacare for all practical purposes, barring a meteor strike, is permanent. That will destroy the labor markets once and for all, which means going forward a lot more people will need gumbmint assistance. And if a lot more people need gumbmint assistance for whom do you suppose they’ll be voting in future elections?

    Oh Noes!!!1!!! You’ve figured out the whole grand conspiracy!!!! Congratulations….

  7. Franklin says:

    If Romney’s supporters had instead helped pay down the federal debt, we’d all be happier.

  8. Davebo says:

    Now television stations have to go back to selling ads for prescription drugs and the lawyers who sue big pharm.

    At a much lower rate.