The 2008 election for US president and Congress is not only one of the most closely watched US elections in years, it is also the most expensive in American history, the Center said, adding that the presidential race alone will cost nearly $2.4 billion.
Already the candidates alone have raised more than $1.5 billion since the election cycle's start in January 2007.
Image: On the eve of the US presidential elections, Democratic presidential candidate Illinois Senator Barack Obama arrives for his final campaign rally in Manassas, Virginia. | Photograph: Emmanuel Dunand/AFP/Getty Images
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