The Golden State continues to play a big role in election year fundraising as Rick Santorum channels Ronald Reagan at the Jelly Belly Factory, Mitt Romney racks up endorsements and cash from high-level California Republicans and First Lady Michelle Obama fetes big donors in San Francisco. In a rare show of bipartisanship, Congress passes the JOBS Act; a package of measures easing financial regulations for "emerging growth" companies. The impact could be enormous for Silicon Valley start-ups and entrepreneurs. During three days of U.S. Supreme Court hearings on the constitutionality of the Affordable Care Act tough questioning by justices raises the possibility the individual mandate may not stand. With the landmark decision expected in June, the political implications for the 2012 election are tremendous.