Campaign Funding - Predictions for 2012 Higher than Ever

Despite the fact our economy is far from booming, analysts are saying the 2012 elections will set a new bar in campaign funding and expenditures. Legislation has passed once again to promote the accumulation of income for both parties' disposal, and the predictions are out that the Republican party plans on spending $120 million (which is believed to be a gross understatement) as compared to 2008 where they prediction only $50 million (and obviously spent more).