Former Lt. Governor Abel Maldonado has dropped out of this year’s gubernatorial race.
At a news conference in his hometown of Santa Maria, the Republican said that “after having traveled all over the state and giving it my all, I have concluded that now is not my time.”
“It’s time to step away for a while, and spend more time with my family and stay a little closer to home helping my community, as an active private citizen,” he said. “This by no means suggests that I am giving up, or giving in. I love my country and I love my state. But it’s just time for me, to take a break and focus more of my time on being a fulltime dad and husband.”
Maldonado has been something of a pariah within parts of the GOP, both for striking a budget deal with Democrats while serving in the state Senate and for fathering a successful ballot measure that made the top-two primary system a reality.
Perhaps as a result, Maldonado never had much success in finding financial support for his campaign. He had raised just over $314,000 and had about $44,600 as of June 30, but he also had more than $47,900 in outstanding debts, effectively leaving him in the red; he has raised only about $148,800 since then. Meanwhile, Gov. Jerry Brown had more than $10 million banked by the middle of last year and has raised at least $6.9 million more since.
UPDATE @ 11:50 A.M.: California Democratic Party Chairman John Burton issued a statement saying Maldonado “saw the writing on the wall and did the smart thing. Governor Brown, and Democratic leaders in the Legislature, delivered on their promises by stopping the cuts to education, balancing the budget and pulling California out of the economic doldrums. Californians are once more discussing investing in our future instead of cutting our way to the bottom.
“It’s no surprise that Republicans are taking a look at the landscape and deciding they don’t have much to run on,” Burton said.
UPDATE @ 2:33 P.M.: Read the more complete story here.
Read Maldonado’s complete comments as prepared, after the jump…