World News – US – Democrats urge Bloomberg to invest in Senate races as McConnell-linked super PAC spends heavily


Democratic fundraisers privately urge former billionaire presidential candidate Mike Bloomberg and his team to invest in hotly contested Senate races with just over a week to go on Election Day , according to people familiar with the matter

The calls come as a super PAC aligned with Senate Majority Leader Mitch McConnell floods these races with money on behalf of GOP candidates

The Senate Leadership Fund, which is run by McConnell’s allies, often denounces and spends its Democratic counterpart, Senate Majority PAC, ultimately Democratic Group is linked to Senate Minority Leader , Chuck Schumer

Bloomberg’s response to some people has not been encouraging, according to people familiar with the matter These people have heard that Bloomberg, who has a net worth of just under $ 55 billion, is not planning invest a lot of money in the Senate majority PAC Bloomberg has already pledged at least $ 100 million to help Joe Biden in key Florida state

Bloomberg also said he will spend $ 60 million this year to help House Democrats Bloomberg has also invested $ 1 billion in his own presidential campaign, with millions going to anti-Trump ads Bloomberg only won the American Samoa caucus in the primary season before dropping out in March and backing Biden

A big money consolidator for Senate candidates said others are looking to continue reaching out to Bloomberg for reinforcements

Representatives for Bloomberg, Schumer and Senate Majority PAC did not return a request for comment

Eight days before the election, Bloomberg could choose to participate to help, as he did in the 2018 congressional mid-term In October 2018, a few weeks before the November general election, Bloomberg announced his intention spend $ 20 million on the Senate majority PAC

Yet that investment from two years ago hasn’t necessarily worked for Bloomberg or the Democrats as the PAC ended up spending over $ 90 million this cycle against Republican challengers, according to the Center for Responsive Politics, non-partisan, GOP made big gains in Senate

This time, the Cook political report scored nine races against the Republican incumbents, either a toss-up or a “Lean Democrat” Seats held by the Senses Lindsey Graham, R-SC, Susan Collins, R-Maine and Martha McSally R-Ariz are just a few of the races up for grabs for Democrats in this cycle Republicans hold a 53-47 Senate advantage If Biden defeats President Donald Trump, he would definitely need a Democratic Senate to pass major legislative texts

Many Democratic candidates have often criticized longtime Republican lawmakers for defying The Senate Leadership Fund, in turn, has spent enough to help several GOP candidates overcome these funding shortfalls

In the first two weeks of October, the super PAC spent just $ 68 million on independent spending, Federal Election Commission records show The Democratic-majority PAC in the Senate spent $ 50 million During this period During the first half of October, the GOP Senate Leadership Fund raised just under $ 50 million, while the Senate Majority PAC raised just over 24 million dollars. millions of dollars The Senate Leadership Fund until mid-month had $ 69 million and the Senate Majority PAC had $ 19 million

Last week, the Schumer-aligned PAC spent more than $ 29 million on races in Michigan, Iowa, Maine, North Carolina, Georgia, Arizona, Montana, South Carolina and Colorado

The Senate Leadership Fund spent a few days later over $ 8 million in South Carolina, Kansas, Arizona, North Carolina and Arkansas

Democratic leaders, according to the Huffington Post, sounding the alarm on the success of the Senate Leadership Fund

Democratic candidates who had a ton of fundraising success in 2020 call on supporters to contribute more with GOP’s super PAC pouring millions into their states

Jaime Harrison, who faces Graham in South Carolina, raised $ 57million in the third quarter His campaign manager told supporters last week that they spent all that massive transport and need to collect $ 10 million to keep up with Graham, plus the outside help he received

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United States Senate, Democratic Party

Global News – US – Democrats urge Bloomberg to invest in Senate races as McConnell-linked super PAC spends heavily



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