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You are here: Home / 2020 Campaign / Bloomberg Is Open to Spending $1 Billion

Bloomberg Is Open to Spending $1 Billion

January 11, 2020 at 5:41 pm EST By Taegan Goddard Leave a Comment

“Michael Bloomberg on Saturday did not rule out spending a billion dollars of his own money on the 2020 presidential race, even if he does not win the Democratic nomination, and said he would mobilize his well-financed political operation to help Bernie Sanders or Elizabeth Warren win in November if either is the party nominee, despite their sharp policy differences,” the New York Times reports.

“Mr. Bloomberg’s plans would effectively create a shadow campaign operation for the general election, complete with hundreds of organizers in key battleground states and a robust digital operation, ready to be inherited by the party nominee — regardless of who that nominee may be.”

“Already, Mr. Bloomberg has spent more than $200 million on advertising, putting him on pace to spend by early March about the same as what President Barack Obama’s campaign spent on advertising over the course of the entire 2012 general election. If Mr. Bloomberg fails to win the nomination, future spending would be redirected toward attacking Mr. Trump.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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