``Outside spending on 2024 federal races is outpacing all previous election cycles, according to an OpenSecrets analysis of campaign finance reports. Super PACs and other outside groups that can raise and spend unlimited sums of money on federal elections have already poured nearly $318 million into spending on presidential and congressional races as of Jan. 14 - more than six times as much as had been spent at this point in 2020.``
``Outside spending thus far has been concentrated largely on the Republican presidential primary, with super PACs and other outside groups spending more than $297 million on the election ahead of the nation's first nominating contest in Iowa on Jan. 15. Trump, who won the Iowa caucus with a record-setting 51% of the vote, remains the dominant frontrunner - leading his closest opponent by more than 51 points, on average, in national polls.``
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