U.S. Elections

Outside Spending Takes a Leap up in 2020 Election Cycle

A look at the development of outside spending and Super PAC spending in federal elections since 1990 shows that the big influence of outside funds commonly associated with American politics didn't become widespread until 2012.

Additionally, the size of outside spending took another step up with the 2020 election. In the cycle, outside money amounted up to almost 2.7 billion without counting party committees. The special fundraising style of Donald Trump in his reelection campaign might have contributed to the steep increase. Two Trump PACs are joint ventures of the Republican Party and the Trump campaign. The Super PAC Trump Make America Great Again Committee shelled out approximately $600 million in the election, more than the Republican National Committee. Trump Victory spent another $245 million.

Outside spending only picked up slightly during the 2008 election (first campaign of Barack Obama vs. John McCain) and didn’t become rampant until 2012 (Obama reelection campaign against Mitt Romney).

Description

This chart shows outside spending an Super PAC spending in U.S. elections since 1990.

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Outside spending in election cycles in the United States from 2004 to 2024, by type of group (in million U.S. dollars)
Outside group spending in 2016 United States election cycle, by group type (in U.S. dollars)
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Campaign expenditures in the United States in the 2024 election cycle, by major category (in million U.S. dollars)
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Donations to presidential super PACs in the United States in 2020 and 2024, by donation size
Spending of the Republican Party for Presidential Campaign financing in the U.S. from 1979 to 2020 (in million U.S. dollars)
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Top political races in the United States in 2024, by outside spending (in million U.S. dollars)

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