Americans spend more on politics and political campaigns than any other nation on Earth, and the 2020 election once again rewrote the fundraising record books.
U.S. spending is such that it’s barely comparable to the amounts in other countries.
In the United Kingdom, Prime Minister Boris Johnson’s Conservative Party spent 16 million pounds on the 2019 campaign that handed them a majority in Parliament, about $21.3 million based on today’s exchange rate. That’s less than the amount Democrats and Republicans spent on the 21st Congressional District in Texas, where Rep. Chip Roy (R) held off a challenge from former state Sen. Wendy Davis (D) last month. Continue reading.