The $1.8 Billion Election

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.

Presented by

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

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

The Absurd Psychology of Restaurant Menus

Would people eat healthier if celery was called "cool celery?"

Video

This Japanese Inn Has Been Open For 1,300 Years

It's one of the oldest family businesses in the world.

Video

What Happens Inside a Dying Mind?

Science cannot fully explain near-death experiences.

Video

Is Minneapolis the Best City in America?

No other place mixes affordability, opportunity, and wealth so well.

More in Politics

Just In