Outside Spending Sets New Midterm Record

Morning Line: “Back in April, we wrote that outside spending was on a record-breaking pace. Well, on this first day of fall — and with 43 days still to go until Election Day — outside spending has now surpassed the mark for most money ever spent in a midterm election. In fact, the $228 million (and climbing) spent by outside interest groups is not only the most ever spent in a midterm, but it’s also more spent in any election except the 2012 presidential election… The fact is: this is a whole new world. There should be a red line drawn on anyone’s timeline when reporting on election spending to signify Jan. 21, 2010, the date the Citizens United Supreme Court ruling was handed down, opening up unlimited money to flow into elections from unions and corporations.”