Steyer sinks $195 million into California campaign for marginal polling gains

Billionaire Tom Steyer, a Democrat who’s running for governor of California, broke the record for the most money spent on a political campaign this year with an advertising buy worth at least $195 million.

Steyer sinks $195 million into California campaign for marginal polling gains

TL;DR

  • Tom Steyer has spent at least $195 million on his California gubernatorial campaign, setting a new record.
  • Despite heavy spending, Steyer generally trails Democrat Xavier Becerra and Republican Steve Hilton in polls.
  • Steyer's campaign released polling showing him tied with Becerra and behind Hilton, highlighting a close race.
  • Steyer's campaign manager claims Steyer has momentum and is appealing to voters seeking an outsider.
  • Steyer's spending is significantly higher than Becerra's approximately $9.75 million.
  • Former Rep. Katie Porter criticizes Steyer's spending, stating he is trying to 'buy the governor's office'.
  • California uses a nonpartisan primary where the top two candidates advance to the general election.