Michael Bloomberg To Spend $80 Million on Midterm Elections

June 20, 2018 2018 Midterms, National News

Michael R. Bloomberg, billionaire and former New York City Mayor, plans to spend at least $80 million in the 2018 midterm elections.  Using his political background, and personal fortune, Bloomberg plans to put power back into the hands of the Democratic Party.

His long term goal: Flipping 23 Republican seats over to the Democrats, in the House of Representatives, in order to win the majority.

Sources have confirmed, that Bloomberg could easily surpass his starting budget of $80 million by the end of the midterm spending season. An advocate for left-of center policies surrounding gun control, immigration and the environment, could be exactly what Democrats need. Up until this point, Republicans had many of the financial dynamics in their favor; however Bloomberg’s generous support could easily flip the scale.

It’s important to note, as a new team forms between Bloomberg and congressional Democrats, it puts New York and its political leaders at the center of the midterm campaign, with many other from the city, including the President himself. The financial spending serves as a response from the Democrats regarding the consistent flow of money coming from supporters of right. It’s important that the Democrats assert themselves early in the race; building off of a strong foundation.

“Over the years, I have supported candidates in both parties who were willing to break with partisanship and the special interests and seek common ground around solutions to make America better. I’ve focused my philanthropy partly around bipartisan gun safety, environmental and immigration reform measures, and my political giving has been focused around those priorities as well,” said Bloomberg in a statement. “…Republicans, who control both houses of Congress, have done little to reach across the aisle to craft bipartisan solutions — not only on guns and climate change, but also on jobs, immigration, health care and infrastructure. As a result, Congress has accomplished very little… And so this fall, I’m going to support Democrats in their efforts to win control of the House.”

Bloomberg’s editorial can be found here.

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Danielle Germain
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Danielle Germain (she/her/hers) is originally from Long Island, New York. She is a rising junior at The American University, majoring in Broadcast Journalism, and minoring in Political Science. She partakes in various activities on campus. Danielle is a Teacher's Assistant, the Vice President of Programming for Caribbean Circle, The Social Media Director and Web Manager for The Blackprint, Programming Coordinator for Founder's Week Committee, Senior Communications Strategist for AUSG Center for Advocacy and Student Equity or CASE, Secretary of the Junior Class Council and a Club Consultant for American University Club Council. After learning more about herself freshman year, Danielle became deeply interested in pushing diversity and inclusion forward. Since then, Danielle has started The Purpose, a bible study for students of color at AU. By creating a safe space on campus, she hopes that the voices of those who feel underrepresented are heard and also valued. In her free time, Danielle enjoys going to brunch and watching Gossip Girl. This past summer, Danielle served as the Corporate Communications Intern for Macy's Inc. Danielle has a passion for politics and a love for writing, and one day hopes to become a political commentator for CNN. She can be reached at dg0060a@student.american.edu.

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