Bloomberg’s Political Spending Spree

“Mike Bloomberg has been steadily pumping tens of millions of dollars into the broader Democratic effort to defeat Donald Trump, part of a move to improve his standing in the party for his unconventional presidential campaign,” the Washington Post reports.

“Though he has sworn off fundraising for his own campaign, he has made himself a top Democratic Party donor in just the past few weeks, quietly giving the party $625,000 to distribute to infrastructure efforts atop the $175,000 required of all candidates for access to the Democratic National Committee’s voter data. In coming days, his campaign plans to rally wealthy New York activists and donors to give more money to state parties for their programs to register and turn out voters.”

“Since launching his campaign about a month ago, Bloomberg has committed nearly $250 million to his own campaign advertising and other projects to help the party in November 2020.”