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Trump, Harris spend $3.5 bln in most expensive presidential election — newspaper

According to Financial Times, Harris attracted more than $2.3 bln and spent $1.9 bln, Trump, in turn, took in $1.8 bln and spent $1.6 bln

Kamala Harrris and Donald Trump AP Photo

Kamala Harrris and Donald Trump

LONDON, November 6. /TASS/. US presidential candidates Donald Trump and Kamala Harris spent a record $3.5 bln on their election campaigns, making the 2024 presidential campaign the most expensive in history, the Financial Times writes.

According to the newspaper, Harris attracted more than $2.3 bln and spent $1.9 bln. Trump, in turn, took in $1.8 bln and spent $1.6 bln. The bulk of the money from both sides went to media and advertising.

The paper points out that $100 mln - or 14% of all spending - went towards Trump’s legal expenses.

Meanwhile, nonpartisan political finance monitor OpenSecrets reports that $5.5 bln has been spent on the 2024 White House race, which is at odds with the Financial Times’ estimates.

US presidential candidates’ election campaigns are financed from personal and party funds, individual donations and funds raised through political action committees.

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