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 ...
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,
After all the $100 million he dropped on Hillary’s campaign really was money well spent...
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.
May Bloomberg soon develop an inoperable/untreatable fatal disease.
And here I thought Bloomberg was a Republican
At least it will shut up the “we have to get money out of politics” whingers on the left. For five minutes.
No need for him to spend his money. Paul Ryan’s doing just fine with whatever rewards he’s getting for assuring defeat.
A fool and his money...
That only applies to us .
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.
That sounds like more money than Dinesh D’Souza went to jail for.
Watch the video of Bloomberg and Soros lighting hundred dollar bills with other hundred dollar bills.
Enjoy.
5.56mm
Sane people don’t vote democrat.
To liberals "Nineteen Eighty Four" is an instruction manual...
I vote for the person, not the $$$$$$ behind him.
They allows have money flowing in from their rich donors.
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