Tom Steyer, a billionaire Democrat seeking California governor, has spent or booked more than $195 million on advertising across broadcast TV, cable, and radio, with totals still increasing. His ad spending is more than 20 times that of his nearest rival, fellow Democrat Xavier Becerra. Nationally, no other candidate is close to Steyer’s level of ad spending. In other governor races, Rick Jackson has spent about $83 million in Georgia, while Burt Jones has spent nearly $31 million. Katie Porter criticized Steyer for using personal wealth to keep ads in front of voters, contrasting his spending with her view of limited competition. Steyer’s ad blitz surpasses the 2010 record set by Meg Whitman.
"Steyer - a former hedge fund manager turned liberal activist - has spent or booked more than $195 million in ads for broadcast TV, cable and radio with the tally still growing, according to data compiled by advertising tracker AdImpact."
"His torrent of ads have opened the one-time presidential candidate to criticism that he is trying to buy the governor's chair, and his ad total represents more than 20 times the amount spent by his nearest rival, fellow Democrat Xavier Becerra, as the two duel for a spot in the November election."
"Katie Porter, a former U.S. House member who is among seven established Democrats in the California race, has repeatedly criticized Steyer for dipping into his personal fortune to keep ads in front of voters with scant competition from rivals."
""She isn't spending hundreds of millions of dollars of personal wealth trying to buy the governor's office," her campaign wrote in an email to supporters."
#california-governor-race #political-advertising #democratic-candidates #campaign-spending #billionaire-activism
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