The Cash
Final campaign finance reports for the 2006 election are due today, and are still trickling in as the day ends.
And boy, there was a lot of cash changing hands.
A few notables (updated as more info becomes available):
* The campaign against Proposition 87, may have set a record of their own: a whopping $92.95 million spent to beat back the initiative that would have imposed a tax on oil drilling, with proceeds to go to alternative energy research.
* The main political team organized to pass the infrastructure bonds (Propositions 1A-1E) spent about $7.3 million. You might think that's a lot, until you see what the team that campaigned specifically for the education bond, Proposition 1D, spent: $11.3 million.
* Governor Schwarzenegger's campaign spent $45.9 million in his successful bid for another term. However, the governor personally chipped in $5.5 million of his own money in 2006. But what's really odd is that Schwarzenegger wrote a $2 million check on October 26. That's one day after a statewide poll showed him beating Democrat Phil Angelides by 18 points. It begs the question... why chip in so much so late, especially when he was so far ahead?
* Speaking of Angelides, his campaign spent more than $39 million. That's almost $85 million between the two major gubernatorial candidates.
* The most expensive legislative races appears to have been the race for Orange County's 34th Senate district, where Democrat Lou Correa edged out Republican Lynn Daucher. The two campaigns spent a combined $6.24 million, with Daucher spending slightly more than Correa.
* The California Republican Party outspent the California Democratic Party, with the GOP shelling out almost $48 million and Dems spending a little more than $34 million. It's hard not to notice that the GOP's spending largely only got them the governorship. They failed to pick up any legislative seats, and the only other Republican winner-- Insurance Commissioner Steve Poizner-- largely paid for his own campaign, writing personal checks for more than $10 million of the $15.3 million he spent to win.






