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...former Governor William Janklow, who will now lead the state Republican ticket. In California, state treasurer Kathleen Brown, the daughter and sister of two former Democratic Governors, won the right to run against Republican Governor Pete Wilson; in the state's Senate race, Republicans picked Representative Michael Huffington to battle Democratic incumbent Dianne Feinstein in what many are predicting could end up the most expensive Senate contest in history...

Author: /time Magazine | Title: The Week June 5-11 | 6/20/1994 | See Source »

...long ago, Democrats believed that Dianne Feinstein's seat in the Senate was one they could count on. No longer. Their confidence has ebbed since the emergence of Republican challenger Michael Huffington and his $75 million personal fortune. Huffington, a freshman Congressman from Santa Barbara, California, waltzed easily last week to a primary victory over his Republican challengers. Money has been a prime factor. The oil tycoon has so far spent $6.6 million of his own cash on TV advertising and other promotion, most of it attacking Feinstein as a political hack. As a result, "the race...

Author: /time Magazine | Title: What Money Can Buy | 6/20/1994 | See Source »

Another group might be called the unrepentant rich. Of these, the highest profile belongs to California's Huffington, who paid out a record $5.4 million in 1992 to win a seat in the House. Most went to media markets: "He was on all channels all the time. I got sick, I couldn't watch anything," recalls loser Bob Lagomarsino. After only a year as a Representative, Huffington announced his 1994 Senate bid. His progress has been steady: while polls in April gave him only 30% against incumbent Dianne Feinstein's 56%, by May he had narrowed...

Author: /time Magazine | Title: What Money Can Buy | 6/20/1994 | See Source »

...Huffington has stunned observers by saying he is willing to spend $15 million on the race and would go up to $20 million, "although I'd prefer not to." Larry McCarthy, the producer of Huffington's TV commercials, points out that Feinstein is a formidable fund raiser with her own personal fortune of some $50 million. Feinstein acknowledges that she may have to spend some of her own money to compete. Says McCarthy: "She'd be home free if Michael wasn't in this race...

Author: /time Magazine | Title: What Money Can Buy | 6/20/1994 | See Source »

...MICHAEL HUFFINGTON...

Author: /time Magazine | Title: Winners & Losers: Jun. 20, 1994 | 6/20/1994 | See Source »

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