We have a US election winner -- in the money stakes, anyway.
The Senate race in North Carolina is on track to be the most expensive congressional contest in US history, likely surpassing a staggering USD 100 million while featuring two candidates few Americans know much about.
Such is the intensity of the 2014 mid-term elections, in which Republicans hope to snatch six Senate seats from Democrats and thus gain control of the chamber, that outside groups are pouring unprecedented and often untraceable millions into political messaging, wall-to-wall advertisements and on-the-ground electioneering aimed at swaying an election.
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Election funding monitor the Center for Responsive Politics (CRP) said outside spending in the Tarheel State hit USD 59.1 million by Tuesday, topping the record USD 52.4 million in outside spending in Virginia's 2012 Senate race.
With the Hagan and Tillis campaigns already spending USD 13.6 million, and a flurry of ad buys expected in the final two weeks, North Carolina is assured of entering the record books.
"Given that there's more outside spending reporting by the day, it's certainly possible that we're going to crest that USD 100 million figure," CRP spokeswoman Viveca Novak told AFP.
The Charlotte Observer, citing donors and public records, estimated money spent in the race will top USD 103 million, including USD 22 million in "dark money" from groups that are not required by law to disclose their donors.
The Sunlight Foundation, which tracks political spending, noted that millions in spending is not even reported to the Federal Election Commission as it falls outside of campaign reporting windows or is spent by non-political groups.
"If the trend holds up -- you always see a flood of late money at the end, and in North Carolina both candidates are within striking distance of a win -- it'll top USD 100 million," Sunlight's editorial director Bill Allison said.
He pointed to private groups like Americans For Prosperity, the right-wing political arm of the billionaire-industrialist Koch brothers, which is spending an estimated USD 8 million on North Carolina ads alone as part of a reported USD 125 million nationwide operation to help conservatives win.