A new report says the 2010 midterm elections will cost at least $3.7 billion, and that’s not including money that could come directly from corporations.
The Center for Responsive Politics says the importance of this election means money will flow freely.
"With so much on the line, the outpouring of big money into federal campaigns looks likely to continue at a brisk pace," said Sheila Krumholz, executive director of the Center for Responsive Politics. "Additionally, the recent Supreme Court ruling in Citizens United v. Federal Election Commission could precipitate millions more in spending by special interest groups looking to advance their own agendas."
How did they arrive at that staggering figure? The group says spending over the last four election cycles has jumped between 31 and 35 percent. The $3.7 billion figure is a 30% jump, which is very conservative.