Will 2014 Midterm Elections Be Most Expensive in History?

The transcript discusses the significant financial aspects of the midterm elections, highlighting the projected record-breaking spending of over $3.6 billion. It compares current spending to past elections, noting the influence of the Citizens United decision on outside money. The North Carolina Senate race is identified as the most expensive, with substantial contributions from outside groups. The role of individual donors, like Tom Steyer, and corporate entities, such as the Chamber of Commerce, is also examined, emphasizing their impact on close races and overall election outcomes.

Who is identified as the biggest individual spender in the 2014 campaign cycle, and how much did they spend?

What role do business groups play in the current campaign spending, and how are they influencing the election outcomes?