Hayden Lends His Campaign $150,000
Tom Hayden has lent his 5th District campaign for Los Angeles City Council another $150,000, bringing to $321,000 the total he has personally spent on loans in the primary and runoff elections.
That heavy spending may also benefit his opponent, former prosecutor Jack Weiss, under city rules designed to control fund-raising and spending for local political campaigns.
City ordinances generally limit individual donations to $500. But because of Hayden’s heavy self-financing, Weiss will be permitted to accept individual contributions as large as $4,500.
Weiss agreed not to spend more than $275,000 on the June 5 election, which means that, under city ordinance, he receives one dollar in public funds for every dollar he raises privately, up to $125,000. Hayden did not agree to the spending limit, and thus will get nothing.
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