Total spending in the 2020 federal elections is projected to set a new record of almost US$11 billion by November. When adjusted for inflation, that’s over 50% higher than 2016 election spending. This year’s federal election spending – for the presidency, the Senate and the House of Representatives – is on track to be double what it was in 2008.

The real challenge for American democracy is where this money comes from.

Election 2020 sees record $11 billion in campaign spending, mostly from a handful of super-rich donors