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Must Big Money Remain the Key Decider of Public Policy?

WASHINGTON DC | California billionaire Tom Steyer is headed to Washington. And the $100 million stashed in his back pocket is for sending others to Washington. Steyer and those he plans to support want ensure that the federal government does everything it can to combat "climate change." But perhaps Americans are wondering whether the nation's political climate will ever change. While the weather outside varies, the outlook in Washington is always gloomy. Politico reports that Steyer's strategy calls for targeting Senate and governor races in Iowa, New Hampshire, Florida and possibly Pennsylvania. These are key battlegrounds for presidential politics. The $100 million Steyer brings into the equation could make climate change the defining issue in this year's elections. But the hedge-fund manager with a social conscience might be willing to lay out even more money. If he does, it would help other individual Democrats who believe that climate change is happening and that air emissi

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