Sources say wealthy real estate developer Kelly Doran is expected to announce today that will drop out of the race for Senate to pursue a race for Governor at a press conference. Doran has been campagining throughout the state including billboards on freeways. Since Doran is self funded it may be cheaper to run for Governor than for Senate. The Senate seat will probably cost an estimated $15-20million for the endorsed candidate and only $2-3million for the governership. This is in part due to campaign finance laws that differ between state and federal which limit how much a candidate can raise and spend. As you can probably tell there is much more money available for candidates running for federal offices.
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