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Economics

The Role of Dark Money in Shaping Electoral Outcomes

Quick fact

In the 2020 U.S. election cycle, dark money groups spent over $1 billion on political ads and advocacy, yet the identities of most donors remain unknown to the public.

Why this is interesting

You've likely seen political ads paid for by 'Citizens for a Better Future' — but who really funds them? That mystery is the essence of dark money, and it might be shaping elections more than you realize.