TURN ON THE T-V FOR ANY LENGTH OF TIME AND THE POLITICAL ADS ARE CONSTANT, ESPECIALLY IN THE RACE FOR PRESIDENT. OVER THE NEXT 11 DAYS, EXPECT THE ONSLAUGHT TO CONTINUE AS THE CANDIDATES AND THEIR SURROGATES SPEND A WHOPPING AMOUNT OF MONEY.
ACCORDING TO FINANCIAL DISCLOSURES FILED THIS WEEK, THE TRUMP AND HARRIS CAMPAIGNS SPENT MORE THAN HALF-A-BILLION DOLLARS IN LITTLE MORE THAN TWO WEEKS IN OCTOBER. THE CAMPAIGNS THEMSELVES DOLED OUT $265 MILLION, WHILE THEIR SUPER PACS KICKED IN ANOTHER $260 MILLION.
DURING THAT SAME TIME PERIOD IN OCTOBER, FROM THE 1ST THROUGH THE 16TH, THE NEW YORK TIMES FOUND THAT THE HARRIS CAMPAIGN RAISED ABOUT $183-MILLION. THE TRUMP CAMPAIGN PULLED IN $92-MILLION. MOST OF THE MONEY IS FLOWING OUT AND QUICKLY BEING SPENT ON ADVERTISING.
RECORDS INDICATE HARRIS HAS MORE CASH-ON-HAND, $119-MILLION TO TRUMP’S 36-MILLION AS WE REACH THE FINAL WEEK IN OCTOBER. THEIR SURROGATES ARE ALSO PUMPING TONS OF CASH INTO THE RACE. THE LARGEST DEMOCRATIC SUPER PAC, FUTURE FORWARD, SPENT $82-MILLION ON AD BUYS, THIS WEEK ALONE.
THE HARRIS CAMPAIGN IS GETTING A FINANCIAL BOOST FROM FACEBOOK CO-FOUNDER DUSTIN MOSKOVITZ, WHO HAS CONTRIBUTED $38-MILLION.
DONALD TRUMP MEANWHILE IS GETTING A BOOST FROM THE WORLD’S RICHEST MAN, ELON MUSK. HE SPENT $57-MILLION ON REPUBLICANS IN THE FIRST HALF OF OCTOBER ALONE AND HAS CONTRIBUTED $119-MILLION OVERALL.
MUSK IS NOW A REGULAR AT TRUMP RALLIES. HE IS ALSO DONATING MILLIONS OF DOLLARS TO A SUPER PAC FOR SENATE REPUBLICANS, IN AN EFFORT TO HELP THE GOP FLIP THE SENATE IN NOVEMBER.