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Westly's War Chest: $24 Million
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| Parent(s) |
Race
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| Contributor | Patrick |
| Last Edited | Patrick Jan 17, 2006 08:26pm |
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| Category | News |
| Media | Newspaper - Los Angeles Times |
| News Date | Saturday, January 14, 2006 02:25:00 AM UTC0:0 |
| Description | Tapping the fortune he built as an EBay executive, state Controller Steve Westly has put $20 million into his campaign for governor — more than enough to mount a viable bid for the Democratic nomination to challenge Gov. Arnold Schwarzenegger.
Westly, whose main rival in the June primary is state Treasurer Phil Angelides, had $24.1 million in his campaign account at the end of 2005, according to a report he released Thursday. Hoping to show strength, Westly filed the report more than two weeks before the legal deadline.
The money will enable Westly to broadcast weeks of television ads to introduce himself to millions of voters who know little or nothing about him — and, in all likelihood, to try to undercut Angelides as well.
Angelides, one of California's most seasoned campaign fund-raisers, reported $14.4 million in the bank at the end of June. Aides declined to release updated figures Thursday, saying Angelides will file his report close to the Jan. 31 deadline.
Regardless of the final numbers, it is clear that both candidates will have enough money to mount serious campaigns for the party nomination, said Democratic strategist Bill Carrick, a former Westly advisor who is unaligned in the primary.
"At the end of the day, nobody's going to lose because they didn't have enough money," he said. |
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