2024 US presidential election spending hits record high, totaling $3.5 billion

 as reported by the Financial Times, the 2024 US presidential election set a record for the highest campaign spending in history. The two major camps of Trump and Harris raised nearly $4.2 billion and actually spent $3.5 billion. The report shows that as of mid-October, the fundraising scale of the two candidates' campaign teams, external support groups, and party committees was basically equal.