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Election hits $2B mark amid last-minute donations
Yahoo Political News - | Friday, December 07, 2012

FILE - This combination of 2012 file photos shows U.S. President Barack Obama, left, and Republican presidential candidate Mitt Romney in Boulder, Colo. and Cape Canaveral, Fla. Campaign finance filings with the government now show that the cost of the 2012 U.S. presidential race has surpassed $2 billion, a new record. The new tallies released Thursday, Dec. 6, 2012, which include nearly $86 million in fundraising by Republican presidential nominee Mitt Romney in the election's final weeks, boosted the total campaign haul over the $2 billion mark. (AP Photo/Carolyn Kaster, Charles Dharapak)Remarkable for its last-minute surge of contributions, the U.S. presidential election witnessed unprecedented sums of cash boosting two men in their quest for the White House. It was a cost that surpassed $2 billion and sometimes came with the cloak of anonymity for billionaire donors.


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