The Democrats have a mega-donor problem

And no, we're not talking about the Kochs

Michael Bloomberg
(Image credit: (Spencer Platt/Getty Images))

Reducing gun violence and curbing global warming are high priorities for most Democrats. So theoretically, they should be thrilled about plans by like-minded billionaires Michael Bloomberg and Tom Steyer to pour money into this year's midterm elections.

But there's a huge catch: The uber-rich pair could help Democrats lose the Senate and do worse than expected in the House.

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Jill Lawrence is an an award-winning reporter and columnist who has covered every presidential campaign since 1988, as well as other historic events such as the Three Mile Island nuclear accident and the Clinton impeachment. Lawrence has written for the National JournalUSA Today, The Associated Press, Al Jazeera America, The Daily Beast, The Atlantic and The Washington Post, among other publications. Columbia Journalism Review named her one of the top 10 campaign reporters in the country in 2004, and Washingtonian magazine included her on its list of 50 "best and most influential journalists" in 2005.