we are with fredreka schouten taking calls about campaign finance.sa, oklahoma, like the democrats. good morning. >> caller: good morning. i was curious if you could retract just a moment on cash on hand. when you talk about debt, the current debt contessa cash on hand reflect that or is that number somehow to the site? when you do a simple asset liability sheet. >> guest: we generally tend to talk about that separately. for a number of reasons. one is that the campaigns have a longtime to pay off their debts if they have any. they can pay them off long after the election is over. what we are interested in is sort of what's left on the balance sheet that they view as money that they can spend it at this point of course we don't have the actual report from the campaign. so we don't know how much that they're currently caring but we do know that clinton has told us that she is $38 million in available cash, and that sanders has told us he is about 28.4 million available in cash. >> host: line for republicans, dynamic and you are on with fredreka schout

fredreka schouten, ier: have a question.ollarse millions of that are being spent on this -- i've already made up my mind. period.ng for hillary, host: what was your question about the money? caller: what are all these millions and millions of dollars being spent on a campaign? like the independents or undecideds? how can you be undecided between hillary and donald trump? know, there are people who are undecided in these races. it is still early. secretary clinton has to secure the democratic nomination. the first votes have not been cast. they are spending money on staff , making sure people turn up to the iowa caucuses. organization is very important. in 2008, she did not win. she placed third. about 100ders, he has paid staff on the ground in iowa. he will be a formidable competitor. that is the thing about presidential politics. -- don't want any less host: how big of a budget item is commercials and ads? guest: it is still a big ticket item. what has been interesting this time around, ad spending is up 45%. looking at wh

fredreka schouten, ier: have a question. dollarse millions of that are being spent on this -- i've already made up my mind. period.ng for hillary, host: what was your question about the money? caller: what are all these millions and millions of dollars being spent on a campaign? like the independents or undecideds? how can you be undecided between hillary and donald trump? know, there are people who are undecided in these races. it is still early. secretary clinton has to secure the democratic nomination. the first votes have not been cast. they are spending money on staff , making sure people turn up to the iowa caucuses. organization is very important. in 2008, she did not win. she placed third. about 100ders, he has paid staff on the ground in iowa. he will be a formidable competitor. that is the thing about presidential politics. -- don't want any less host: how big of a budget item is commercials and ads? guest: it is still a big ticket item. what has been interesting this time around, ad spending is up 45%. looking at

fredreka schouten, ier: have a question. dollarse millions of that are being spent on this -- i've already made up my mind. perioding for hillary, i am voting for hillary, period. >> host: what is your question? >> caller: the question is, what do all these millions and millions of dollars being spent on the campaign that, what, is it like the independence or the undecided, how can you be undecided between hillary and donald trump? >> host: okay. >> guest: obviously, people who are undecided in the races -- it is still early. sec. clinton has yet to secure the nomination. the 1st votes have not been cast. but there spending money on his staff and field organizations, making sure people turn up. organization is important. in 2000 they she did not win the iowa caucuses. she placed 3rd and does not want a repeat performance. bernie sanders has about 100 a hundred paid staff on the ground and will be a formidable competitor. that is the thing about presidential politics. you don't want any left over money. >> how big of a budget

usa today reporter fredreka schouten will join us and manal his roots alk about on islamic extremismnd ways to prevent it. "washington journal" is live every morning at 7:00 eastern. next, author and journalist colin woodard talks about the history of regionalism and cultural wars in the u.s. and red he calls the myth of and blue states. book.cusses his this event was held at the iowa state university. >> it is my honor to introduce book that of a explodes the red state-blue-state myth with a claim that our cultural wars are inevitable. the ther books include lobster coast and the struggle for a forgotten frontier, travels through endangered seas, and the republic of pirates, the basis "crossbones." ies he is also the state and national affairs writer at the portland press harold and main sunday telegram. learning k forward to more about the 11 rival regions in the country which will no greater d to understanding of the current presidential campaign. welcoming me in colin woodard. . pplause] mr. woodard: thank you all, and hank you, iowa state, for having me and thank all of you for