Mike Bloomberg spent $80M to boost Democrats in midterms: NYT
Democrats are hopeful that they will regain majority control of the House of Representatives and the Senate in November's elections.
TL;DR
- Mike Bloomberg spent $80 million in September and October to help Democratic candidates in the midterm elections.
- The spending aims to help Democrats regain majority control of the House of Representatives.
- President Donald Trump vowed to spend $400 million to help Republican candidates.
- Bloomberg's contribution makes him one of the top five individual Democratic donors for the cycle.
- Prior to this announcement, Bloomberg had donated $23 million to Democrats and affiliated causes.
- Trump stated he and his PAC have spent over $300 million on Republican candidates and will exceed $400 million by Election Day.