Harris, Newsom report multimillion-dollar campaign war chests
California Atty. Gen. Kamala Harris and Lt. Gov. Gavin Newsom, Democrats who are expected to sail to re-election in November, reported Thursday that they are sitting on millions of dollars in their campaign war chests.
Meanwhile, their little-known GOP rivals faltered badly in fundraising, according to reports filed with the secretary of state’s office.
Harris has nearly $3.6 million in her bank account, and is $14,139 in debt. She raised $209,323 in the reporting period between May 18 and June 30, and a total of $1 million this year. She has spent $528,113 this year, according to the reports.
Harris’ opponent in the November election, attorney Ronald Gold, reported a negative bank balance of $870, and is $13,500 in debt. He raised $2,236 in the period covered by the report, and a total of $29,236 this year.
Newsom reported a $2.3 million bank balance with $24,409 in debt. He raised $376,406 during the period covered by the report, and a total of $894,802 this year. He spent $314,443 this year, according to the reports.
His rival, former state GOP chairman Ron Nehring, reported $10,546 in the bank and no debt. He has raised $32,048 this year, including $8,317 in the period covered by the report.
Harris and Newsom, who are widely thought to be eyeing higher office, could transfer any money they don’t spend on their re-elections bids to another race, such as governor in 2018.
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