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Global News Podcast

Bonus: The Global Story - Money, money, money... and the US election

Global News Podcast

BBC

News, Daily News

4.38.3K Ratings

🗓️ 15 September 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

A bonus episode from The Global Story.

Democrats and Republicans are donating billions to back candidates in November’s election. So far, the 2024 US election has been defined by surprises and unprecedented moments. But if one thing is certain, it's that the election will cost a lot of money. Donors from both major parties are donating billions of dollars in the hopes of seeing their candidates win the White House and hundreds of local races. So, what is all that money spent on? And what impact is it having on US politics?

Katya Adler speaks to the BBC’s correspondent in Washington DC, Anthony Zurcher, and Matt Foster from American University, also in the capital.

The Global Story brings you trusted insights from BBC journalists worldwide, one big story every weekday, making sense of the news with our experts around the world.

Insights you can trust, from the BBC World Service. For more, go to bbcworldservice.com/globalstory or search for The Global Story wherever you got this podcast.

We want your ideas, stories and experiences to help us understand and tell #TheGlobalStory. Email us at theglobalstory@bbc.com

You can also message us or leave a voice note via WhatsApp on +44 330 123 9480.

Producers: Richard Moran and Alix Pickles. Sound Engineer: Hannah Montgomery. Assistant Editor: Sergi Forcada Freixas. Senior News Editor: Richard Fenton-Smith.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, this is the Global News Podcast from the BBC World Service. I'm

0:03.7

Jannat Jalil. I'm here to introduce you to the Global Story Podcast

0:08.2

which brings you a single story in depth with insight from the BBC's best journalists.

0:13.3

There's a new edition every weekday.

0:15.6

Just search for the global story wherever you get your pods

0:19.2

and be sure to subscribe so you don't miss a single episode. Here's my colleague

0:24.8

Kacha Adler. Today what's the price literally of US democracy?

0:35.0

If the 2024 election has so far been defined by unexpected twists and surprise turns,

0:42.0

there's one thing that was always certain.

0:45.4

It costs a lot of money.

0:48.2

Across all the races being decided in November, the political parties will spend not millions, but billions of dollars on the campaigns.

0:57.0

From yard signs to TV ads and consultants and stadium rallies, all of it adds up.

1:03.3

We ask what influence does all that money have,

1:07.0

not just on the success of election campaigns,

1:10.4

but on actual politics and democracy in the United States.

1:15.0

So we've got loads to get into today in helping me to answer all of our questions. Our correspondent in Washington,

1:25.1

D.C. Anthony Serka. Hello?

1:27.1

Hi there, how you doing?

1:28.1

And Matthew Foster from the Department of Government at the American University University also in Washington, D.C.

1:34.0

and you have kindly allowed me to call you Matt today.

1:38.0

Hello.

1:39.0

Hi, glad to be here.

...

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