The 2014 midterm vote was the most expensive non-presidential election cycle in American history, just as the 2012 vote was the most expensive presidential election cycle.
We are stuck in the political equivalent of the movie Groundhog Day. In the absence of constitutional reform that renews the authority of citizens and their elected leaders to enact meaningful campaign finance laws, America is destined to repeat from election cycle to election cycle the sordid process by which our politics and our governance are bartered off to the highest bidders in ever-more expensive auctions for the souls of elected leaders and both major parties.
The final spending totals for 2014 will not be known for months, and in this era of increasingly dark, dark-money campaigning, some of the details will never be adequately revealed or understood. But even the bare minimum figure established just prior to the election by the Center for Responsive Politics is acknowledged as a record. “Every election since 1998 has been more expensive than the one before it, and predictably the 2014 election will follow that path, CRP has projected–though the total projected cost of $3.67 billion is only a slight uptick over the price tag of the 2010 midterm,” the center noted. “Counting all forms of spending–by candidates, parties and outside groups–Team Red is projected to have spent $1.75 billion, while Team Blue’s spending is projected to ring in at $1.64 billion.”
The final figures will be much higher for several reasons. First, many types of spending are not revealed until weeks, sometimes months, after elections. Second, formal filings and investigative reports will over time reveal more details of supposedly “independent” and dark-money spending. Finally, and most significantly, details of spending on state and local contests will boost that $3.67 billion figure dramatically. The able researchers at CRP focus on federal races for the US Senate and the US House. Yet, some of the biggest spending of 2014 took place in competitve state races for governor, for attorney general and for control of key legislative chambers. Additionally, spending skyrocketed in state and local judicial races in 2014. And spending on initiatives and referendums was in the hundreds of millions.