admin /15 September, 2006
Lynda Gledhill, Matthew Yi, Chronicle Sacramento Bureau San Francisco Chronicle
(09-13) 04:00 PDT Sacramento — Election season is barely under way, but two ballot measures that strike at the bottom lines of oil and tobacco firms have already attracted more than $100 million in campaign contributions.
In separate media blitzes, tobacco companies are trying to defeat a measure that would tax cigarette sales to fund health care programs, and oil companies are trying to sink a measure that would tax oil production to increase research into alternative fuels.
With the barrage of television ads likely to continue until election day, other ballot measures, such as a package of five public works bonds that together have collected $20 million in campaign contributions, could get overshadowed, some observers say.