Posted by Orin Kerr:
Political Conventions and Campaign Finance:

   Political conventions don't generate any actual news these days, but
   look on the bright side: conventions are week-long campaign
   commercials that the major party candidates don't have to buy. Not
   that the conventions themselves are free, of course; according to
   [1]this website, the GOP convention is expected to cost around [2]$64
   million.

References

   1. http://campaignfinanceinstitute.org/
   2. 
http://campaignfinanceinstitute.org/eguide/partyconventions/2004conventions/republican.html

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