How Billionaires Took Over American Politics

Washington Post: “In an era defined by major political divisions and massive wealth accumulation for the richest Americans, billionaires are spending unprecedented amounts on U.S. politics.”

“Dozens have stepped up their political giving in recent years, leading to a record-breaking surge of donations by the ultrarich in 2024. Since 2000, political giving by the wealthiest 100 Americans to federal elections has gone up almost 140 times, well outpacing the growing costs of campaigns.”