Fiscal AffairsUpdates

Rent-Seeker Sweepstakes Update!

Steyer lands two more.

Right after Eric Swalwell landed SEIU’s big endorsement, Tom Steyer countered with endorsements from AFSCME 3299 and California Federation of Teachers (CFT). AFSCME 3299 represents only 0.10% of California’s population but collects $2.75 billion per year of UC spending while CFT represents only 0.30% of California’s population but collects $14.8 billion per year of public school spending. Both unions also collect protections and other benefits from laws and regulations enacted by governors and legislators they help to elect. Here’s how the Rent-Seeker Endorsement race between Steyer and Swalwell looks at the present moment:

But the checkered flag won’t be raised until more endorsement decisions are made, including from the California Teachers’ Association and the California Labor Federation. Stay tuned.