Money in California

by Benjamin Domenech on 11:47 am June 9, 2010

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Money in politics doesn’t predict outcomes in every state, but it’s interesting when it lines up as closely as it does in California’s Senate primary election yesterday. The candidates raised approximately the following:

Carly Fiorina: $4.3 million
Tom Campbell: $3.2 million
Chuck DeVore: $2.7 million

As a percentage, this works out to:

Carly Fiorina: 42%
Tom Campbell: 31%
Chuck DeVore: 26%

Add in the $6 million that Fiorina loaned herself and the picture changes a bit more:

Carly Fiorina: $10.3 million
Tom Campbell: $3.2 million
Chuck DeVore: $2.7 million

As a percentage, this equals:

Carly Fiorina: 64%
Tom Campbell: 20%
Chuck DeVore: 17%

On to independent expenditures: let’s consider the ones that went after Campbell as money for Fiorina and DeVore:

Carly Fiorina: $11.6 million
Tom Campbell: $3.7 million
Chuck DeVore: $3.7 million

And as a percentage, this equals:

Carly Fiorina: 61%
Tom Campbell: 19%
Chuck DeVore: 19%

Which is roughly equivalent to the result of the race:

Carly Fiorina: 56.4%
Tom Campbell: 21.9%
Chuck DeVore: 19.0%

Money travels in politics for a lot of reasons — primarily to the candidate people and interests think will win. It’s rare it matches up so perfectly with the outcome.

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