In two separate news stories, both highlight the highly competitive nature of California's U.S. Senate race and how long-time incumbent Senator Barbara Boxer is VULNERABLE.
On the survey research front, Rasmussen is out with a poll (with a +/- 4.5 margin of error) that shows Senator Barbara Boxer not higher than 43 percent against any of her Republican challengers. Now, the Tom Campbell folks will likely trumpet the fact that he finishes "first" in the polling -- which states that he only trails Boxer by 2 percentage points. Carly Fiorina trails by 3.7 percent -- also within the 4.5 margin of error...so they're essentially tied. You can see greater detail of Rasmussen's results by clicking here.
On the money front, though, the picture becomes MUCH clearer. After all, "Money is the Mother's Milk of Politics," -- you can't win in a large state like California without it. Carly Fiorina reported that she raised $1.7 million in the first quarter of 2010 and that she has $2.8 million cash on hand. Campbell stated that he has raised $1.6 million since entering the race in January of this year but wouldn't disclose how much money had had on hand -- which leads one to speculate that the answer to that question is "not much." Boxer has $8.7 million cash-on-hand and will undoubtedly raise buckets more when Barack Obama heads to town next week to raise money for her. The Los Angeles Times has a detailed article about it.
So, now that the "facts" are on the table, again, it's important for all Republicans to assess -- who can raise the funds necessary to run against Barbara Boxer this November? There's really only one answer to that question and it is Carly Fiorina. Whether she raises it through donors (she already has 8,285 donors in 50 states) or contributes from her own deep pockets (she's also loaned her campaign $2.5 million), she will have the funds necessary to compete in what will be a knock-down, drag-out fight this November.
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