Michael Bloomberg is throwing $80 million into flipping the House

Michael Bloomberg.
(Image credit: Drew Angerer/Getty Images)

Michael Bloomberg wants the Democrats back on top.

The former New York mayor and businessman will infuse $80 million into the 2018 election, mostly helping Democratic congressional campaigns, The New York Times reports. While Bloomberg is politically independent, he has vocally opposed Republicans during the Trump presidency and will likely support candidates who lean the other way.

"Republicans, who control both houses of Congress, have done little to reach across the aisle to craft bipartisan solutions — not only on guns and climate change, but also on jobs, immigration, health care, and infrastructure," Bloomberg said in a statement Wednesday. "As a result, Congress has accomplished very little."

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While helping Democrats pick up 23 seats and win the majority is Bloomberg's main focus in the House, Bloomberg also explicitly said he'll support gubernatorial candidates on both sides of the aisle. And he's only here for moderate candidates — aka, no one who wants to impeach the president, per Bloomberg's statement.

Republicans in small congressional races usually land stronger financial support than Democrats, but Bloomberg could upset that dynamic, the Times suggests. Bloomberg-funded ads could tip moderate suburban districts to the left — and tip the House as well.

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.