The $1.8 Billion Election

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Thanks in part to Barack Obama's record-setting fundraising total of $745.7 million, financial activity in the 2008 election increased 80 percent from 2004 for a total of over $1.8 billion, according to the Federal Election Commission.

That's measured by the fundraising totals of Obama, McCain, and the national party convention committees--counting the $84.1 million in federal money McCain received under the public funding program and the $16.8 million the government shelled out for the Democratic and Republican conventions.

See a .pdf of the spending breakdown here.

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Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

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