World

How US midterms have cost a record $12bn as cost of living soars

Al Jazeera November 03, 2026 12 views

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The United States has spent a record $12 billion on its 2024 mid‑term elections, a figure that has sparked debate about the growing influence of money in politics and the rising cost of living for voters.

According to recent reports, candidates, donors and super‑PACs are spending more than ever on campaign advertising, outreach and other election‑related activities. The surge in spending comes amid a backdrop of soaring inflation and a sharp rise in everyday expenses for Americans.

Political analysts note that the unprecedented level of funding is driven by the high stakes of the mid‑terms, which will determine control of both chambers of Congress. The increased money flow reflects a broader trend of escalating campaign costs across the country.

While the $12 billion figure represents the most expensive mid‑term cycle to date, the exact impact on policy outcomes and voter engagement remains a subject of ongoing scrutiny.

As the cost of living continues to climb, voters face the dual challenge of navigating higher personal expenses while also engaging in an election that demands significant financial resources from all sides.

<small>Source: Al Jazeera — read the original story there.</small>

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