“Total cost of 2016 election could reach $6.6 billion, CRP predicts”

Open Secrets:

Is 2016 the Year of the Billionaire when it comes to financing the election?…

Candidates and news outlets have decried the outsized influence of a small number of donors throughout the election season. Here’s a startling statistic: The top 100 families have given about 11.9 percent to the total $5.5 billion raised at this point, compared to 5.6 percent in all of 2012. Their names are familiar — Thomas and Kathryn Steyer have given $57.2 million to liberal causes, Sheldon and Miriam Adelson have doled out $47.3 million to GOP-allied forces, and Donald Sussman has so far provided $34.4 million to groups helping Democrats. Expect to see this list shift a bit: Facebook cofounder Dustin Moskovitz pledged an additional $35 million to defeat Donald Trump earlier this month.

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