The “Dark Money” Surge in the 2024 Election We can discuss how undisclosed spending reached a record high of $1.9 billion in the 2024 federal election cycle, surpassing the previous record set in 2020. This includes an analysis of major 501(c)(4) “dark money” hubs like the Sixteen Thirty Fund on the left and Americans for Prosperity on the right, which funnel hundreds of millions of dollars into Super PACs and ballot measures while keeping donor identities secret.
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