Money Race on Governor's Initiative

In a posting yesterday, we noted that the opponents of the governor's tax initiative (Prop 30) have begun campaigning with radio "issue" ads.

It appears, however, that in the race to raise money for the election campaign, a lot more has been raised to support the initiative than to oppose it.  There were concerns that the "paycheck protection" initiative (Prop 32) - which also is on the ballot in November - would divert union funds away from from the governor's campaign.  (Prop 32 would ban union payroll dues deductions from being used for political purposes.)  Indeed, much funding has gone into opposing Prop 32 so there may be some diversion.  But the governor still has a comfortable money margin at this point.  See the two charts below on the two initiatives:

The Regents have endorsed Prop 30.

You can follow the money race for these initiatives and other propositions and candidates on the ballot at
http://www.rhughes.com/dollardollarbill/