2010 midterms will be most expensive in history with more than $1 billion in play

More than $1 billion has already been spent on the 2010 battle for Congress, which is expected to be the most expensive midterm election in history.

Interest groups riled up by the Obama administration’s far-reaching legislative agenda of healthcare and Wall Street reform are pledging massive expenditures. Democratic strategists have been circulating a four-page memo that chronicles how Republican-leaning independent groups are set to spent $301.5 million this cycle.

Rich candidates are also fueling the political spending spree. Former Hewlett-Packard CEO Carly Fiorina (R) has already funneled $5.5 million from her personal fortune into her Senate campaign and in Florida billionaire Jeff Greene (D) is expected to do the same in his race for the Democratic Senate nomination

Full Story: 2010 midterms will be most expensive in history with more than $1 billion in play – The Hill’s Ballot Box.

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