A new analysis reveals the staggering financial scale behind the upcoming election, with campaign spending expected to reach nearly $12 billion. The BBC’s investigative team examines the primary sources of this funding, tracing contributions from donors, political action committees, and other financial backers. As election cycles grow more expensive, questions arise about transparency and influence in the political process. The report breaks down how major campaigns are assembling their war chests ahead of the vote.


The 2026 campaign is projected to cost nearly $12bn - BBC Verify looks into where all that money has come from.