Bloomberg Puts $80 Million Behind Democrats as Midterms Near
Michael Bloomberg has contributed $80 million to Democratic efforts in the final weeks before the midterms, with up to $50 million directed to House races. His adviser said the goal is to expand the party's House majority, and groups including Everytown for Gun Safety and the House Majority PAC are set to receive funds. The article notes Bloomberg's past high spending did not secure him the 2020 Democratic presidential nomination.
Bloomberg’s $80 million push, which his team says started in September, allocates as much as $50 million to House contests. His adviser Howard Wolfson framed the aim as a larger Democratic majority, arguing that the gap between 221 and 230 seats is consequential.
Everytown for Gun Safety, which Bloomberg co-founded, is slated to get $24 million, and the House Majority PAC about $16 million. Wolfson said the money is not aimed at candidates backed by the Democratic Socialists of America; Bloomberg has also not decided on a 2028 presidential primary pick. Republican committees held a $100 million-plus cash edge as of Aug. 31.
The influx could amplify advertising and organizing in competitive House districts, potentially shaping which voters hear from parties and advocacy groups before Election Day. It may also strengthen Bloomberg’s influence among centrist Democrats and groups focused on gun policy, while raising questions for voters about large donor sway. The effects depend on how recipients spend the money and whether it changes turnout or candidate priorities.