News

Michael Bloomberg Pledges $80 Million To Restore Democratic Control Over House

Former New York City mayor Michael Bloomberg has pledged to spend at least $80 million on political campaigns in support of Democrats for the 2018 midterm elections.

The bulk of the money will go towards Democratic candidates in order to secure Democratic control of the House of Representatives following a seven year period of Republican rule. The action aims to restore bipartisanship within Congress following a two year period during which “Congress has accomplished very little,” said Bloomberg.

In a statement released Wednesday, the billionaire attributed the government’s ineffectiveness to the Republicans’ failure to encourage bipartisanship.

“Republicans, who control both houses of Congress, have done little to reach across the aisle to craft bipartisan solutions,”  he said.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

According to the former mayor, Republican House leadership has also been “absolutely feckless” for failing to exercise proper oversight of President Donald J Trump’s administration.

Bloomberg is a registered Independent, but has shown support of both political parties in the past based on key issues, believing in the importance of putting “country before party.” In 2016, the billionaire endorsed both Republican candidate Pat Toomey and Democratic candidate Maggie Hassan for Senate due to their shared support of stricter gun control legislation.

SLIDESHOW: DONALD TRUMP’S 30 CRAZIEST TWEETS

According to Bloomberg’s aides, the money will primarily go towards supporting candidates who share his relatively moderate political orientation. The effort will be overseen by Bloomberg advisor and former executive director of the Democratic Congressional Campaign Committee, Howard Wolfson.

50 Celebrities Who Have Died In 2018 – Tribute Slideshow

The effort poses a threat of upending the financial advantage Republicans have enjoyed in past elections. While Republicans previously benefitted from running advertisements in wealthy suburbs, these areas have since experienced a growing anti-Trump sentiment according to the New York Times. One that Democrats now have the opportunity to capitalize on due to their increased funding. The party needs 23 congressional seats to win a majority.

Cathryn Casatuta

Recent Posts

VIDEO: Trump Watches SpaceX Launch Alongside Elon Musk & Ted Cruz

https://youtube.com/shorts/YVrfbMZSVRE?feature=share US President-elect Donald Trump drew cheers as he arrived in Texas on Nov. 19 to watch…

2 days ago

Foreign Policy Experts Voice Concern About Trump’s Nomination Of Tulsi Gabbard For Director Of National Intelligence

After President-elect Donald Trump selected Tulsi Gabbard, a former Democratic congresswoman, as his nominee for…

3 days ago

Trump’s Pick Of Vaccine-Skeptic Robert F. Kennedy Jr. As Department of Health & Human Services Secretary Alarms Scientific Community

President-elect Donald Trump's announcement that Robert F. Kennedy Jr. will be his pick for Department…

4 days ago

VIDEO: President-Elect Donald Trump, Elon Musk & Cabinet Picks Attend UFC Fight In NYC, Crowd Chants “USA”

https://youtube.com/shorts/6CUvTmS87UM?feature=share President-elect Donald Trump arrived to cheers at an Ultimate Fighting Championship (UFC) event in…

5 days ago

Trump Pick Of Matt Gaetz For Attorney General Sends Shock Waves Through Capitol

President-elect Donald Trump's nomination of former Rep. Matt Gaetz (R-Florida) as his attorney general has sent shockwaves through…

5 days ago

VIDEO: Fights Break Out In Stand During France-Israel Match

https://youtube.com/shorts/TD8RNJl-NBk A fight broke out in one of the stands at the Stade de France…

5 days ago