Political cash floods California races – latimes.com
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.