Home > Uncategorized > Political cash floods California races – latimes.com

Political cash floods California races – latimes.com

November 4, 2012 Leave a comment Go to comments

SACRAMENTO — More than half a billion dollars in political cash is likely to be spent in California by Tuesday, a staggering amount in a year when the presidential candidates are barely present and voters appear tepid about much of the state ballot.

This election will rank among the top in California history for campaign spending — without the governor’s office or most other top posts in play.

The money infused into ballot-measure campaigns, congressional races and bids for state legislative seats is a reminder that California is an election powerhouse in its own right. Cash is pouring in throughout the state and from across the nation.

The California ballot is packed with initiatives that could reverberate nationwide, potentially affecting how entire industries operate. The balance of power in Congress may depend heavily on voters here. Even contests between relative unknowns for a spot in the much-maligned Legislature are multimillion-dollar affairs, attracting interests made anxious by the far-reaching policies churned out of that institution.

via Political cash floods California races – latimes.com.

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: