What was the total amount of money spent on the 2020 U.S. presidential election and what record did it set?

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Question: What was the total amount of money spent on the 2020 U.S. presidential election and what record did it set?

Answer: The total amount of money spent on the 2020 U.S. presidential election was over $14 billion, which set a record for being the most expensive election in history.

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