U.S. media: The 2024 U.S. election has already cost $14.7 billion, possibly the most expensive in history

ChainCatcher news, according to a Bloomberg report on November 1, 11,000 political groups spent $14.7 billion on the U.S. 2024 election campaign.

The report states that the main expenditures of the $14.7 billion include a large amount of television advertising by candidates, parties, and political action committees, frantic fundraising appeals, and a series of door-to-door visits. According to U.S. advertising tracking company AdImpact, the 2024 U.S. presidential election is expected to be the most expensive in history.