The high cost of the 2012 election

BY JESSICA PIEKLO
Care2.com

By the time the 2012 presidential elections are over Super PACs and nonprofits will have spent nearly $850 million. Not surprisingly, Republicans, especially GOP presidential nominee Mitt Romney have been the overwhelming beneficiaries of this flood of cash.

According to a joint analysis of Federal Election Commission data by the Center for Responsive Politics and the Center for Public Integrity, an estimated $577 million, or roughly 69 percent, was spent by conservative groups. That’s compared with $237 million spent by liberal groups, or about 28 percent, with the remainder expended by other organizations.

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