Six billion dollars.
That’s how much money campaigns and their supporters were expected to spend on the 2012 elections, according to the latest estimate by the Center for Responsive Politics.
It’s a huge and stunning amount that’s only likely to increase in future elections. So voters at least deserve to know where all the big money is coming from.
The U.S. Supreme Court has ruled that money is essentially speech that must be allowed. But the same court has encouraged Congress to require more disclosure of the donors who are doing the speaking.
Money that goes directly to the candidates is already tracked. But money spent by outside groups that mostly attack political opponents is harder to identify. This includes groups such as Americans for Prosperity on the right and the Greater Login to read more