OpenSecrets projects 2024 election spending to exceed previous record 

Dear Friend of Open Secrets,

OpenSecrets' latest report reveals that spending on the 2024 federal election is expected to hit an unprecedented $15.9 billion, making it the costliest ever. This projection underscores the growing financial influence on our democracy, as campaign spending continues to escalate.

The comprehensive report not only forecasts the total cost of the election but also analyzes key trends shaping the political landscape. One significant finding is the sharp increase in spending following Vice President Harris’ assumption of the Democratic nomination.

“We saw a slower start to spending this cycle, but it surged dramatically once Vice President Harris took over the Democratic nomination,” said Sarah Bryner, OpenSecrets' Director of Research and Strategy.

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