Wednesday, January 11, 2012

"Plenty of Money to go around in 2012? With Super PACs, it Looks Like It"

Last week much of the political debate in California centered around Governor Jerry Brown's early-released budget. In a very general sense, Brown's proposal shows there is simply not enough money to pay for state services and programs, and it is unclear whether the voters will agree to tax themselves to fund those services.

There is, however, another discussion concerning politics in which there is an eye-popping amount of money to go around. This week also brought news that a candidate for the House of Representatives, former Obama Administration official Ro Khanna may have set a record by raising $1.2 million in campaign contributions in one quarter.

An individual raising a large sum a year before an election is interesting, but it is just the tip of the iceberg.

Finish reading this article on KCET.

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