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Presidential election hits $2B fundraising mark

The 2012 presidential campaign passed the $2 billion mark in fundraising Thursday, fueled by an outpouring of cash from both ordinary citizens and the wealthiest Americans hoping to influence the selection of the country's next leader.

 

Wall Street Campaign Donations Set To Hit Record During 2012 Election

Wall Street is paying big time to influence this election. The financial industry is on track to break its 2008 campaign spending record of $170 million, according to data from the Center for Responsive Politics cited by CNNMoney. So far, Wall Street has spent $164 million donating to candidates and political groups, and CRP estimates the final tally of Wall Street cash will reach $2.5 billion.

 

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