Billionaires and 'dark money' fuel record spending on US midterms
France, Oct. 21 -- As the Democrats seek to wrest control of the House of Representatives and the Senate from the Republicans, campaigns are competing for space on television, streaming services and social media.
An $11.6bn total would exceed both the $8.9 billion spent during the 2022 midterms and the $11 billion recorded in the 2024 presidential cycle, according to advertising tracker AdImpact.
"In a highly uncertain election, much more is spent," explains Vincent Michelot, a specialist in US political history and professor emeritus at Sciences Po Lyon.
Competitive races attract more investment, while attack adverts push opponents to respond quickly - sometimes paying a premium for slots already in high demand.
Beyond advertising, c...
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