In summary
All eyes are on one billionaire’s spending for governor. A CalMatters analysis shows the story may lie in the millions spent by down-ballot candidates.
When a candidate invests their personal fortune in running for public office, does it represent a rich person trying to buy a seat or does it grant them independence from powerful special interests? Voters will decide on Tuesday in an election that has seen candidates spend more of their own money than any previous election.
Liberal billionaire Tom Steyer put up $213 million to fund his campaign for governor.
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