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"___ 2008, the U.S. held a presidential election."
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Final answer:

In 2008, the U.S. experienced a notable presidential election with Barack Obama running against John McCain, which involved strategic fundraising and high voter turnout.

Step-by-step explanation:

In 2008, the U.S. held a presidential election. This event is a significant part of U.S history, reflecting the democratic processes established in the United States. The 2008 presidential election was particularly noteworthy as it featured Democrat Barack Obama, who would become the first African American president if elected, against Republican John McCain.

The election saw high voter turnout and was marked by intense campaigning, debates, and unprecedented fundraising efforts, especially by the Obama campaign, which declined public funding in favor of raising more resources.

This strategic decision highlighted the changes in how modern electoral campaigns are financed. The electoral process culminated on the first Tuesday following the first Monday in November, with the citizens casting their votes and, subsequently, the Electoral College formally electing the president based on those votes.

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