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Berman, Sherman rolling in campaign cash

January 31, 2012 |  7:34 pm

 Rep. Howard L. Berman, battling fellow Democratic Rep. Brad Sherman for a newly drawn San Fernando Valley congressional district, raised more than $1 million in a three-month period, campaign finance records filed Tuesday with the Federal Election Commission showed.

But Sherman, also no slouch in the fundraising department, had more left to spend--nearly $3.7 million--than Berman, who reported  having  $2.9 million on hand at the Dec. 31 end of the latest reporting period.  That's because Sherman, who reported raising about $125,000 between Oct. 1 and Dec. 31, had stockpiled a considerable chunk of funds from previous campaigns.

The once-a-decade redrawing of political districts, done for the first time by a citizens commission instead of state legislators, put the homes of the two seasoned congressmen into the same district. Pundits are predicting their contest will set a spending record for House races.

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Photo: Rep. Howard L. Berman, left, and Rep. Brad Sherman.  Credit: Jay L. Clendenin / Los Angeles Times