US election 2016's price tag: $6.8 billion

November 09, 2016 05:17

No one ever said democracy was cheap.

Americans who are running for federal elective offices spent more than ever -- about $6.8 billion -- in that pursuit, including the nastiest presidential election in recent memory, between Hillary Clinton and Donald Trump.

The nonprofit Center for Responsive Politics estimates spending on the Clinton-Trump contest at more than $2.65 billion, actually down a bit from $2.76 billion in 2012 when Democratic incumbent Barack Obama defeated Republican challenger Mitt Romney.

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