Billionaires Musk and Soros Fuel Projected $12 Billion US Midterm Campaign Spending
The 2026 U.S. midterm elections are expected to cost roughly $12 billion, which would make them the most expensive campaign in the country's history. Wealthy individuals and corporations are gaining a growing role in funding these races. Elon Musk stands out as the largest donor, having given close to $500 million to Republican candidates. The report highlights concerns about how concentrated financial power is shaping the political process.
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