California hits new record for campaign spending

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This year, hundreds of millions of dollars have been poured into ballot measure campaigns. Proposition 8, which would limit the profits of dialysis companies, has faced fierce and well-funded pushback from those companies. The No on Prop 8 campaign has raised a staggering $111 million and may be the most expensive campaign against a single ballot measure in US history. A lot of the money being spent in California this election cycle is coming from outside the state.