noun. 1  The definition of a strait is a difficulty or a hard situation. An example of a strait is a poor family being in âdire straits.â. 2  Strait is narrow waterway between two larger bodies of water. An example of a strait is the Bering Strait.
Presidential elections to top $5 billion in donations: Fundraisers. A demonstrator rallies outside the US Chamber of Commerce against the Citizens United Jan. 21, 2015. The 2016 US presidential elections could cost as much as $5 billion, about double the cost of 2012 election, according to top fundraisers. Democratic Hillary Clinton is believed to absorb the most donations if she chooses to run for president.
Story Continued Below. The amount spent on the presidential race alone was $2.4 billion when all candidates and related expenses are included, the center found. The party presidential nominees â Democrat Barack Obama and Republican John McCain â together spent more than $1 billion, also an unprecedented figure. The inflation in presidential fundraising was due in large measure to Obamaâs decision to finance both his primary and general election with private donations.