Some American research institutions predict that 2024 will be the most expensive election cycle in American history. The relevant data are as follows:

Preliminary expenditure: According to a report by Bloomberg on November 1, 11,000 political groups have spent $14.7 billion on the 2024 US election campaign. This includes a large number of TV ads, crazy fundraising appeals and a series of door-to-door visits by candidates, political parties and political action committees. According to the US donation database OpenSecrets, this figure accounts for about 92% of the total expenditure of the entire 2024 election cycle.

Total expenditure forecast amount: Overall, the total expenditure of the 2024 US election is expected to be as high as $15.9 billion, exceeding the $15.1 billion spent in 2020, once again breaking the historical record of US election spending.

Billionaire donations: According to statistics, in the 2024 US election, 83 billionaires support Democratic candidate Harris and 52 support Republican candidate Trump. 150 wealthy families in the United States have spent more than $2 billion in total to support presidential and congressional candidates, setting a new record in the year of the US election. These data show that the scale of capital investment in the 2024 US election is huge, and the influence of money on US politics is becoming more and more significant, which has also raised questions about the fairness and democracy of the US electoral