Trick or Treat! Billions of undisclosed, unregulated funds flood America this political season

This weekend brings “trick or treat” to towns and cities all across the United States.  And Americans are expected to spend approximately $5 billion this month on Halloween costumes, decorations, and candy.  Needless to say, this money is undisclosed, and unregulated.  Indeed, there will even be undisclosed, secret, unregulated spending by foreigners!

Meanwhile, over the two year election cycle ending on Tuesday, it is estimated that Americans will spend approximately $2 billion on political races for the U.S. House and Senate.

The Center for Competitive Politics is now the Institute for Free Speech.