Obama and Romney Collectively Spent $2 Billion this Election Cycle

Obama and Romney Collectively Spent $2 Billion this Election Cycle

As the headline suggests, it’s worth noting that this has been the most expensive presidential election in American history:

Total spending for the 2012 presidential election has blown away previous cycles with so-called super PACs laying down a staggering $629 million.

When combined with Team Obama and Team Romney collectively spending roughly $2 billion, this year's presidential cycle becomes the most expensive in American history.

Still, what remains unclear is the impact so much money has had on this race -- particularly from the loosely, but not officially, affiliated super PACs -- considering residents in Ohio and a...