Capitol Alert

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VIDEO: In today's report, Dan Walters talks about a distinction that California could do without -- how its credit rating stacks up against those of other states.

The Nov. 6 election is still some five months away, but the campaign cash is already flowing.

Sunday was the deadline for congressional campaigns, PACs and party committees to file their quarterly reports with the Federal Election Commission covering April 1 through June 30.

At least one California candidate didn't wait until the last minute.

The campaign of Democratic Rep. Lois Capps -- who faces Republican Abel Maldonado in the 24th Congressional District -- released her numbers late last week, noting that she took in more than $577,000 during the quarter and ended it with more than $1.2 million in cash on hand.

As of late Friday, Maldonado had yet to file. Neither had Republican Rep. Dan Lungren or Democrat Ami Bera, who's challenging Lungren in the 7th Congressional District.

Come back later -- Capitol Alert will be sifting through reports in those and other races.

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