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Michael Bloomberg To Spend $100 Million In Florida To Help Elect Joe Biden

USA-ELECTION-BLOOMBERG:Michael Bloomberg to spend $100 million in Florida to assist elect Joe Biden

Billionaire Michael Bloomberg, who spent $1 billion on his 2020 Democratic presidential bid earlier than dropping out, plans to inject not less than $100 million to assist Democrat Joe Biden’s effort in opposition to Republican President Donald Trump within the necessary swing state of Florida.

  • Reuters
  • Last Updated: September 13, 2020, 7:31 PM IST

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NEW YORK: Billionaire Michael Bloomberg, who spent $1 billion on his 2020 Democratic presidential bid earlier than dropping out, plans to inject not less than $100 million to assist Democrat Joe Biden’s effort in opposition to Republican President Donald Trump within the necessary swing state of Florida.

The determination comes as Trump’s preliminary monetary supremacy over former Vice President Biden earlier this yr has largely evaporated after excessive spending from the marketing campaign and a surge in fundraising by Democrats.






Florida is without doubt one of the greatest prizes on Election Day, and it’s also the costliest of the anticipated battlegrounds by which to marketing campaign. But polls there present a race that’s successfully tied.

The Republican president, who trails Biden in nationwide opinion polls earlier than the Nov. three election, informed reporters final week that he would spend his personal cash if wanted.

“I thought Mini Mike was through with Democrat politics,” Trump stated on Twitter in response to the information. “Save NYC instead.”

Trump’s re-election marketing campaign and the Republican National Committee on Wednesday stated they raised a mixed $210 million in August, falling far in need of matching Biden’s record-breaking haul of $364.5 million for the month.

“Mike Bloomberg is committed to helping defeat Trump, and that is going to happen in the battleground states,” stated Bloomberg adviser Kevin Sheekey, who stated the spending “will mean Democrats and the Biden campaign can invest even more heavily in other key states like Pennsylvania, which will be critical to a Biden victory.”

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