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A perfect storm of campaign spending may be headed to a place that’s used to seeing a lot of it.
As Greg Giroux points out in this morning’s look at the 2024 US Senate landscape, there’s a once-in-a-generation opportunity for ambitious politicians in California, a state that tends to keep the leaders it likes around for a long, long time.
Sen. Dianne Feinstein (D), whose plans are still unannounced, has been in office since 1992, for example, and voters kept ex-Sen. Barbara Boxer (D) in office for 24 years. Wannabe successors know they can’t count on opportunity knocking again anytime soon.
Bloomberg’s Laura Davison reports that Senate hopeful Rep. Adam Schiff (D), who has more than $20 million parked in a House campaign account, will be trying to raise at least $40 million to be competitive statewide. Multiply that times however many other candidates join him and Rep. Katie Porter (D) in the race. (Democratic strategist Mike Trujillo told NBC the winning candidate could end up spending $100 million.)
Then throw in the ad spending for statewide ballot questions. Already there’s one being pushed by fast food restaurants that want to keep a grip on their hourly labor costs by convincing voters to take a new law off the books. That law could eventually lead to a $22-an-hour minimum wage.
The Save Local Restaurants committee, which...
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