By Jessica Wallis
CHATTANOOGA, TN (mocsnews.com) – The former New York City mayor, and previous democratic party competitor, Mike Bloomberg has recently committed to spending over $100 million to aid Joe Biden’s presidential campaign in the state of Florida.
However, this isn’t the start of his expensive campaign tab. On his personal White House bid, Bloomberg spent upwards of $1 billion dollars, featuring a national campaign operation with 2,400 staff members. He has also invested millions to support the Democratic Party, transferring $18 million from his presidential campaign to the Democratic National Committee.
Bloomberg is one of the wealthiest men in the world, with a net worth exceeding $60 billion. As he exited his own presidential campaign, he made the promise of spending, “Whatever it takes,” to get Trump out of office.
This last-second surge of cash is reflective of the Democratic Party’s worries about a tight race against President Donald Trump. As of now, the Republican party has spent more than the Democrats by $8 million in the state. With Florida a potential turning point in the narrative, Bloomberg’s million-dollar investment is supposed to be gauged towards Florida’s Latino outreach and boosting field operation. The size and diversity of the state are making this campaign effort so expensive.
The cost might be high, but so is the potential payoff. A win for Biden in the panhandle state could significantly complicate Trump’s effort to reach the 270 Electoral College votes he needs to secure a second term.
Mike Bloomberg’s generous favor for the Democratic nominee, generated a Twitter response from the President. In his tweet, he referenced the negative comments Bloomberg received at a Democratic primary debate in February from Massachusetts Senator Elizabeth Warren.
“I thought Mini Mike was through with Democrat politics after spending almost 2 Billion Dollars, and then giving the worst and most inept Debate Performance in the history of Presidential Politics. Pocahontas ended his political career on first question, OVER! Save NYC instead,” he tweeted.
Bloomberg has also contributed $500,000 to Voto Latino, an organization designed to help register Latin Voters. Then he donated $2 million to the group Collective Future, which helps African Americans register to vote. Another $2 million went to Swing Left, a group focused on electing Democrats in swing districts.
His latest $100 million contribution is designed to boost the Biden campaign before early voting in Florida, which begins on Sept. 24th. According to a Bloomberg advisor, the money will be geared towards television and digital advertising.