ederal election officials released the final 2012 presidential election spending tallies on Thursday, showing that the campaign passed the $2 billion mark in its final weeks. That made the contest between President Obama and Mitt Romney the most expensive in American history. The total for Team Obama: $1.123 billion; and for Team Romney: $1.019 billion. "And that," says Politico, "doesn't include an explosion of late advertising funded by last-minute checks from mega-donors like Las Vegas casino owner Sheldon Adelson and Chicago media mogul Fred Eychaner, whose emergence as political forces may be the enduring legacy of 2012." Adelson and his wife pumped $40 million into conservative super PACs in the last weeks before the vote, pushing their total disclosed contributions close to $90 million.
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