A campaign finance watchdog group predicted this afternoon that this year's election will be the most expensive by far, with $5.3 billion spent on the presidential race and races for Congress.
Just for the presidential race, nearly $1.6 billion has been raised and more than $1.3 billion spent, the Center for Responsive Politics said.
Democrat Barack Obama, harnessing the power of online fund-raising, has shattered every record.
About Political Intelligence
Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at firstname.lastname@example.org. Follow him on Twitter @globeglen.