Health Care Ballot Initiatives Bring In Whopping Amounts Of Cash
“Any campaign that involves the tobacco, oil or pharmaceutical industry, or any other deep-pocketed interest group — and in California, they’re particularly frequent targets — campaigns costing many tens of millions of dollars are the norm," one Democratic strategist says.
California’s 2016 Ballot: ‘Sex. Drugs. Guns. Death.’
Two measures relating to health care have been especially costly: Supporters of Proposition 52, which relates to hospital fees, have raised $59 million so far; opponents have contributed more than $14 million. Backers of Proposition 61, which would limit prescription drug prices, have poured $9.4 million into their campaign. In response, pharmaceutical companies have spent nearly $70 million to quash the measure. (Wilson, 8/15)