Bloomberg is a man of his word, he will do anything to defeat Donald Trump. Beyond the $250 million, he is also pledging millions more to Democratic congressional races. He has already transferred $18 million from his campaign to the DNC.
CNBC has the story: Mike Bloomberg plots spending blitz to support Joe Biden’s run for president
With six months to go until the general election, Bloomberg investing part of his $58 billion net worth would be a critical boost for the former vice president. Biden and other leaders of the Democratic Party have been trying to build a general election juggernaut that would have a chance at overcoming President Donald Trump’s war chest.
The coronavirus pandemic has forced all campaigns to go virtual and, although Biden kept up with Trump in fundraising in April, raising $60.5 million, he is still behind in cash. The president’s campaign and the Republican National Committee have a combined $255 million in reserve. The Biden campaign told reporters on Friday that they had $103 million on hand at the end of April when combined with the DNC.
In 2018 Bloomberg spent $110 million on Democrats throughout the 2018 congressional campaign.
Currently, Bloomberg has has contributed $10 million to fund large scale tracing and testing program that could help fight the coronaivurs.
Bloomberg’s money is a big deal helping to tip the scales in our direction. This campaign, more than ever will be won and lost through advertising. It is projected that the campaigns could spend $6.7 billion, or more on advertising alone.
What ever you may think of Bloomberg, we need him, for our common goal, to defeat Donald Trump, and the major danger to our country, our democracy, Trumpism...