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POLITICS · The New York Times

How Money Is Shaping the Midterms

Published: 2026-11-02T22:37:02.000Z · 3-Minute Executive Summary

The New York Times reports that the 2026 midterm election is the most expensive national midterm election in U.S. history, with more than $11 billion in ad spending. Our national political correspondent Shane Goldmacher breaks down where all that money is going.