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Michael Bloomberg to provide $80 million to help Democrats win House majority - report
CBS News ^ | 06/21/2018 | Blair Guild

Posted on 06/21/2018 9:12:18 AM PDT by SeekAndFind

Former New York City Mayor Michael Bloomberg is expected to spend at least $80 million in the 2018 midterm elections supporting Democratic candidates as part of his larger goal of flipping 23 Republican-held seats in the House, to put Democrats back in power, the New York Times reported Wednesday.

Sources close to Bloomberg tell CBS News that they expect his funding could be even higher than $80 million by the end of the midterm spending season.

Bloomberg has been an outspoken voice for center-left politics, and his candidate funding, which the New York Times first reported, could serve Democrats well in the face of Republicans. There have been reports this past year that the DNC is deep in debt, while Politico reported Wednesday morning that the RNC is $47.1 million in the green.

It is not clear which races Bloomberg will choose to target.

The spending serves as a Democratic response to a consistent flow of Republican money into races, from both individuals and superPACs.

(Excerpt) Read more at cbsnews.com ...


TOPICS: Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: bloomberg; democrats; elections
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1 posted on 06/21/2018 9:12:18 AM PDT by SeekAndFind
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To: SeekAndFind
Only because no one else will.

snip, from Feb 2018.

The Democratic Party is carrying more than $6 million in debt, according to year-end filings — and has just $6.5 million in the bank. Do the math, and the party is working with just over $400,000 overall. Meanwhile, the Republicans are swimming in pools of money. The Republican National Committee had raised $132 million by the end of 2017 — about twice as much as the DNC — and entered 2018 with almost $40 million to spare,

2 posted on 06/21/2018 9:14:58 AM PDT by IllumiNaughtyByNature (HTTP 500 - Internal Server Error)
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To: SeekAndFind

After all the $100 million he dropped on Hillary’s campaign really was money well spent...


3 posted on 06/21/2018 9:15:31 AM PDT by apillar
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To: SeekAndFind
Be my guest. Trump proved money isn't everything in an election cycle.

4 posted on 06/21/2018 9:17:05 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: IllumiNaughtyByNature
Bet tommy boy steyer will be ponying up some big bucks if it will help get the impeachment ball rolling. 👀
5 posted on 06/21/2018 9:18:06 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: SeekAndFind

Good luck with that...how mush money did the GOP spend trying to get low energy Jeb Bush elected...LOL! Money helps, but when you’re seen throughout the nation deriding the nation, it may not go just as planned.


6 posted on 06/21/2018 9:18:43 AM PDT by jacknhoo (Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: SeekAndFind

May Bloomberg soon develop an inoperable/untreatable fatal disease.


7 posted on 06/21/2018 9:21:58 AM PDT by Bonemaker (invictus maneo)
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To: SeekAndFind

And here I thought Bloomberg was a Republican


8 posted on 06/21/2018 9:24:23 AM PDT by rdcbn
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To: SeekAndFind

At least it will shut up the “we have to get money out of politics” whingers on the left. For five minutes.


9 posted on 06/21/2018 9:25:27 AM PDT by dead
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To: SeekAndFind

No need for him to spend his money. Paul Ryan’s doing just fine with whatever rewards he’s getting for assuring defeat.


10 posted on 06/21/2018 9:27:53 AM PDT by grania (President Trump, stop believing the Masters of War!)
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To: SeekAndFind

A fool and his money...


11 posted on 06/21/2018 9:28:32 AM PDT by gov_bean_ counter (Free Republic has been reduced to primarily a gathering place for the inane, banal, and obtuse.)
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To: dead

That only applies to us .


12 posted on 06/21/2018 9:29:48 AM PDT by FreeperCell
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To: dead

At least it will shut up the “we have to get money out of politics” whingers on the left. For five minutes.

***************

Money for them is good. Money for us is an evil threat to democracy.

The contradictions, cognitive dissonance, and outright hypocrisy on the Left is something to behold. Unfortunately, the media never calls them on it.


13 posted on 06/21/2018 9:29:59 AM PDT by Starboard
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To: SeekAndFind

That sounds like more money than Dinesh D’Souza went to jail for.


14 posted on 06/21/2018 9:32:30 AM PDT by daler
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To: SeekAndFind

Watch the video of Bloomberg and Soros lighting hundred dollar bills with other hundred dollar bills.

Enjoy.

5.56mm


15 posted on 06/21/2018 9:33:07 AM PDT by M Kehoe
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To: SeekAndFind

Sane people don’t vote democrat.


16 posted on 06/21/2018 9:33:44 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: Starboard
> The contradictions, cognitive dissonance, and outright hypocrisy on the Left is something to behold.

To liberals "Nineteen Eighty Four" is an instruction manual...

17 posted on 06/21/2018 9:33:48 AM PDT by SecondAmendment (Restoring our Republic at 9.8357x10^8 FPS)
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To: SeekAndFind

I vote for the person, not the $$$$$$ behind him.


18 posted on 06/21/2018 9:34:47 AM PDT by bgill (CDC site, "We don't know how people are infected with Ebola.")
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To: SeekAndFind
That is why talking about the DNC being out of money is nonsense.

They allows have money flowing in from their rich donors.

19 posted on 06/21/2018 9:49:43 AM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: SeekAndFind
Bloomberg wants to be the Dems Presidential candidate
in 2020. He's buying influence in the party so he'll be
well remembered when 2020 arrives.
( He doesn't realize Hillary has that slot reserved for herself --- again.)
20 posted on 06/21/2018 9:56:38 AM PDT by StormEye
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