Wednesday, 18 Mar 2026

The true cost of the 2025 Elections

The 2025 election sees massive campaign spending despite being an off-year, with gubernatorial races in New Jersey and Virginia driving massive fundraising.


The true cost of the 2025 Elections

And that means plenty of money has been inserted into this year's campaigns.

As of early October, New Jersey Democratic gubernatorial nominee Rep. Mikie Sherrill had raised roughly $17.5 million dollars, with GOP rival Jack Cittarelli at $16.5 million. Sherrill, as of a month ago, had spent around $11 million on her campaign, with Ciattarelli dishing out nearly $13 million.

In Virginia, the Democratic nominee for governor, former Rep. Abigail Spanberger, hauled in nearly $12 million in fundraising in October alone, with Lt. Gov. Winsome Earle-Sears raking in $9.5 million last month.

And none of these figures include the tens of millions of dollars dished out in all three races by outside groups, such as super PACs.

Meanwhile, the Prop 50 battle in California, the nation's most populous state, saw a surge in spending.

A whopping $140 million was dished out as of last month in the battle between Democrats and Republicans in left-leaning California to return control of congressional redistricting from the current non-partisan commission back to the Democrat-dominated legislature.

The Yes on Prop 50 forces pulled in nearly $100 million, vastly outraising and spending the No forces.

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