Politis

The Budget of Election Campaigns - The Elephant in the Room Comes at a Price

Published January 26, 2026, 12:20
The Budget of Election Campaigns - The Elephant in the Room Comes at a Price

The article discusses the high cost of election campaigns, using the United States as an example. In the US, a presidential campaign can last almost two years and require hundreds of millions of dollars for fundraising, organization, and publicity. Raising money is not just about funding, but also a sign of trust and political momentum. Barack Obama, for example, raised $800 million in his first campaign, more than double the amount of his opponent, John McCain. The article highlights that access to significant financial resources can be crucial for a candidate's success, creating a kind of "elephant in the room" that is often overlooked in political discussions. It also refers to a recent video featuring George Lakotripis, who states that one million euros is not enough for a presidential campaign and how this limit can be circumvented with cash.