Bloomberg opens wallet for Senate Democrats
January 7th, 2014
11:43 AM ET
8 months ago

Bloomberg opens wallet for Senate Democrats

(CNN) - There aren't that many people who can easily give a $2.5 million political donation, but count former New York City Mayor Michael Bloomberg among them.

CNN confirmed Tuesday that Bloomberg, who last week finished his third term running New York City, donated $2.5 million to Senate Majority PAC, a super PAC dedicated to helping Democrats keep control of the chamber. The Democrats currently have a 55-45 majority in the Senate, but are defending 21 of the 35 seats up for grabs in November's midterm elections.

Bloomberg, a Democrat-turned-Republican-turned-independent, has pushed for increased gun control laws through Mayors Against Illegal Guns, a group[ he co-founded eight years ago, and last year poured more than $5 million into Independence USA PAC, which he set up in 2012. The group spent heavily last year in a special U.S. House election in the Chicago area where gun control was a major issue.

Separately, Bloomberg last year also donated $1 million each to Democrats Cory Booker in his special Senate election victory in New Jersey and Terry McAuliffe in his gubernatorial win in Virginia.

Bloomberg, whose personal fortune is estimated at over $25 billion, is one of the richest men in the world.

The new donation, first reported by Politico, sparked speculation that the move could be the start of numerous contributions by Bloomberg during the 2014 midterm cycle.

While many of Bloomberg's donations have gone to Democratic candidates and causes, Stu Loeser, an adviser to Bloomberg who served as a former chief spokesman for the mayor told CNN that "Bloomberg may also continue to support Republican candidates who take tough stands he agrees with."

The Senate Majority PAC would not comment on reports of the donation, and by law doesn't have to release its next fundraising report until the end of the month.

So far this cycle the PAC has already gone up with ads in defense of Sens. Mark Begich of Alaska, Kay Hagan of North Carolina, Mary Landrieu of Louisiana and Mark Pryor of Arkansas, who all face challenging re-elections this November. But the PAC's spending pales in comparison to the big bucks already spent against Democratic senators by Americans for Prosperity, a conservative group backed by the billionaire industrialist Koch brothers.

"Democrats are playing mostly defense in this year's Senate races and $2.5 million is a significant amount of money, which will help them defend some of the most important states," Nathan Gonzales, deputy editor of the non-partisan Rothenberg Political Report, told CNN.

But while money is a major factor, Gonzales notes that "when it comes to the top Senate races, I don't think they will be decided by money. Millions of dollars will be spent by both sides. The races will ultimately be decided by the candidates, the messages, and the national environment."


Filed under: 2014 • Congress • Michael Bloomberg • Senate
soundoff (22 Responses)
  1. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    Whose bank is bigger?

    Bloomberg vs Koch

    January 7, 2014 11:45 am at 11:45 am |
  2. just asking

    isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election.

    January 7, 2014 11:48 am at 11:48 am |
  3. Malory Archer

    just asking

    isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election.

    ++++++++++++++++++++++++++++++++++++++++++++

    It's called leveling the playing field, and it's necessary thanks to the activist rightwing USSC justices and their self-created citizens united ruling. That being said, unlike the koch brothers whose motives are completely self-interested, Bloomberg isn't doing it in order to score a big payoff for himself and corporations owned by him.

    January 7, 2014 11:55 am at 11:55 am |
  4. Donna

    I guess Bloomberg just likes to waste his money but when you have as much as he does (he must have stlen it from a lot of poor people right lefties?) you can just try and push your far left views on the country. Well, all of his millions has been totally wasted when he tried to influence other elections and gun control legislation. This will be wasted as well because no amount of money can change the fact that the Democrats lied and conned the entire population with this Obamacare fiasco.

    Wouldn't this money be better spent helping the millions of Americans that Obama and the Demorcats have kept unemployed for a record length of time?

    January 7, 2014 11:56 am at 11:56 am |
  5. Rick McDaniel

    Those who seek power, fund others who seek power so they can all share in the power!

    January 7, 2014 12:04 pm at 12:04 pm |
  6. rs

    just asking

    isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election.
    _____________________________
    Gad! The difference is simple- Bloomberg is supporting the Democratic Party members in the Senate, who in turn are promoting a populist middle class supporting agenda- raise the minimum wage, equal pay for women, etc.

    The GOP on the other hand is bought and paid for by the Kock brotehrs who are attempting to advance their anti-regulation (or pro-polluter if you like) agenda under the guise of the fake grass roots "TEA Party" that advances- them!

    January 7, 2014 12:11 pm at 12:11 pm |
  7. rs

    Donna

    I guess Bloomberg just likes to waste his money but when you have as much as he does (he must have stlen it from a lot of poor people right lefties?) you can just try and push your far left views on the country. Well, all of his millions has been totally wasted when he tried to influence other elections and gun control legislation. This will be wasted as well because no amount of money can change the fact that the Democrats lied and conned the entire population with this Obamacare fiasco.

    Wouldn't this money be better spent helping the millions of Americans that Obama and the Demorcats have kept unemployed for a record length of time?
    ____________________________
    Couldn't we say exact;y the same thing about the $billion the Kochs blew on Romney? Or the $2 billion they are spending to wreck the ACA ? Or maybe even the $24 billion the GOP blew during their little ant-American hissy-fit shutdown in October?

    January 7, 2014 12:13 pm at 12:13 pm |
  8. yolanda

    Yes Malory, it is simply to counter those evil brothers. Shall we talk about George Soros, or has he been elevated to water walking status as well? Funny how you only see wrong on one side of the equation. I can't wait to hear you squeal with indignation when Bloomberg has the audacity to support someone who isn't on your approved list.

    January 7, 2014 12:16 pm at 12:16 pm |
  9. just asking

    Malory Archer
    just asking
    isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election.
    ++++++++++++++++++++++++++++++++++++++++++++
    It's called leveling the playing field, and it's necessary thanks to the activist rightwing USSC justices and their self-created citizens united ruling. That being said, unlike the koch brothers whose motives are completely self-interested, Bloomberg isn't doing it in order to score a big payoff for himself and corporations owned by him.
    ---

    ooohhhh.... i get it now. leftist billionaires that buy elections are altruistic and doing it for all the poor people that they stole all their money from. a sort of guilt trip thing huh? it never could be that they have a personal agenda they want pushed onto the rest of us, like say the destruction of our second amendment rights, or maybe our ability to purchase large cups of soda, or whatever nutty idea the leftist billionaire thinks the unwashed masses should be subjected to.

    thank you so much for explaining this to us all. so fear not people! the rich leftist/socialists billionaires are all just here to help us all. help rid us of those pesky freedoms that are so intrusive on the poor billionaires.

    January 7, 2014 12:18 pm at 12:18 pm |
  10. Anonymous

    Good for him! If this is the game the Republicans want to play, go for it. At least he isn't hiding behind some
    Rove "secret" PAC.

    January 7, 2014 12:20 pm at 12:20 pm |
  11. just asking

    rs
    just asking
    isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election.
    _____________________________
    Gad! The difference is simple- Bloomberg is supporting the Democratic Party members in the Senate, who in turn are promoting a populist middle class supporting agenda- raise the minimum wage, equal pay for women, etc.
    --

    but obama and the democrats have decimated the middle class the last 7 years. they led the country into recession, ran up huge debt claiming it would fix the economy, which it did not, then wrecked our healthcare system with obamacare, which the middle class gets stuck paying for with inflated insurnace premiums, higher deductibles and 21 new obamacare taxes. the median income in this country has gone down, down, down thanks to the high unemployment for years and years and years. meanwhile, they print money endlessly and it all ends up in the stock market, inflating stock prices which makes the rich far richer.

    obama and the democrats are the worse thing to happen to income inequality in the history of this country.

    January 7, 2014 12:24 pm at 12:24 pm |
  12. Nopeopepo

    so now it is revealed

    they've all pretended to suck bloomberg's rooster on gun control for this moment

    let's see if Illinois Governor Pat Quinn is on the list, shall we?

    January 7, 2014 12:25 pm at 12:25 pm |
  13. rs

    Gee, JS- did you just admit that the playing field in America is crooked? That the rich have gotten that way off the sweat and toil of the poor?

    Are you alright?

    January 7, 2014 12:27 pm at 12:27 pm |
  14. yolanda

    @Anonymous...the irony is beautiful. Posting as "Anonymous" and commenting on someone hiding. You made my day.

    January 7, 2014 12:27 pm at 12:27 pm |
  15. GOP = Greed Over People

    "isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election"

    We "leftists" did not make these rules the con heavy SCOTUS did that, so do not blame the "limousine liberals" because they are a quick study.

    Out here in reality, we call it "playing by the rules" as they currently exist on the books. To defer on moral grounds, would give the Reich wing an advantage

    January 7, 2014 12:32 pm at 12:32 pm |
  16. king

    bloomberge trying to save the american people from themselves, because stations like fox news, who only hires rich republicans, refuse to hire atleast one average joe democrat, that wont sell out to corporatioins. msnbc hires the repubs joe scarbarow 3 hours every weekday morning to host morning joe. why on earth fox news refuse to hire atleast one dem so that the people can here the other side of their right winged spin on everything. its a dam shame that the american people will follow a show like fox, who tell them that being poor, and go without healthcare, is the best way to go, to allow the rich to gain more of money and invest in china.

    January 7, 2014 12:35 pm at 12:35 pm |
  17. Anonymous

    @Yolanda:

    Glad to have "made your day"..................doesn't take much apparently.

    January 7, 2014 12:40 pm at 12:40 pm |
  18. Malory Archer

    yolanda

    Yes Malory, it is simply to counter those evil brothers. Shall we talk about George Soros, or has he been elevated to water walking status as well? Funny how you only see wrong on one side of the equation. I can't wait to hear you squeal with indignation when Bloomberg has the audacity to support someone who isn't on your approved list.

    +++++++++++++++++++++++++++++++++++++++++++++++++++

    Can you provide some examples of George Soros starting a grassroots movement that benefits only him to the detriment of working Americans, and bussing in paid "protesters" to shout down anyone with whom Mr. Soros disagrees, ? No? Can you say strawman?

    January 7, 2014 12:44 pm at 12:44 pm |
  19. Malory Archer

    just adking, you need to get out of the faux newz bubble from time to time – the air in there has really affected your ability to think beyond the standard rightwing talking points.

    January 7, 2014 12:46 pm at 12:46 pm |
  20. sonny chapman

    Koch Bros. v. Bloomberg & George Soros. Why don't they all get into the ring & duke it out. Winner is America's Caesar.

    January 7, 2014 12:47 pm at 12:47 pm |
  21. just saying

    rs
    -–
    Gee, JS- did you just admit that the playing field in America is crooked? That the rich have gotten that way off the sweat and toil of the poor?
    -–
    Are you alright?
    -–

    gee rs, don't you recognize your own looney rhetoric? why aren't you attacking this rich billionaire as a thief who got rich stealing from the poor? i'm just asking for some consistency to your looney rhetoric. i guess i'm expecting too much from you.

    January 7, 2014 12:53 pm at 12:53 pm |
  22. just asking

    GOP = Greed Over People
    ---
    "isn't the leftist democrat party the one always complaining about all the money in campaigns and complaining about how all the rich people are buying elections, etc. i eagely await all of the far leftists in here denouncing this blayant attempt by a billionaire to buy the next election"
    --
    We "leftists" did not make these rules the con heavy SCOTUS did that, so do not blame the "limousine liberals" because they are a quick study.
    Out here in reality, we call it "playing by the rules" as they currently exist on the books. To defer on moral grounds, would give the Reich wing an advantage
    --

    you talking about the con heavy scotus that gave us obamacare??? next joke.

    and as for playing by the rules, well that is just what the republicans do as well and yet you lie and attack them as if you are not also doing the exact same thing. ahhhh, the blatant hypocrisy of the lefties on full parade for every one to see. gotta love it!

    January 7, 2014 12:57 pm at 12:57 pm |