Bloomberg is trying to bleed Trump dry in Florida
Michael Bloomberg isn't just outspending President Trump in Florida. He's dragging the president into a "money pit," a former a former Florida Democratic Party spokesman tells Politico.
After his brief and pricey failed presidential run, the former New York City mayor threw his support and his billions behind Democratic nominee Joe Biden. Bloomberg has specifically focused on the critical swing state of Florida, pledging to spend at least $100 million there, mostly on TV ads, to boost Biden's candidacy. Both Republicans and Democrats aren't quite sure why Bloomberg is spending so much on TV versus social media and voter outreach. But Max Steele, a former Florida Democratic Party spokesman, tells Politico the point is rather to "keep [Trump] mired down" because "Florida is a money pit."
Steve Schale, who leads the pro-Biden Unite the Country super PAC, agreed. Because of Bloomberg and other PACs' overhwleming spending, "Trump has now been committed to the equivalent of land war in Asia by having to spend so much of his money in Florida," Schale told Politico. In turn, Trump hasn't had the money he needs to compete in the north and midwest, namely Michigan, Pennsylvania, and Wisconsin. And with Florida covered by Bloomberg, other Democratic PACs have been able to head for the northern battlegrounds where Trump is falling behind.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The idea that Trump is hemorrhaging money to keep up with Biden is boosted by the fact that his campaign reported having just $63 million in the bank at the end of September, even after raising $1.5 billion since the 2016 election. Read more at Politico.
-
Could a part-and-part mortgage help you on to the property ladder?Combining repayment and interest-only mortgages could become more popular as part of a push towards more flexible lending
-
Is social media over?Today’s Big Question We may look back on 2025 as the moment social media jumped the shark
-
Should parents stop tracking their kids?Talking Point Experts warn the line between care and control is getting murkier – and could have consequences
-
Maduro pleads not guilty in first US court hearingSpeed Read Deposed Venezuelan leader Nicolás Maduro and his wife Cilia Flores pleaded not guilty to cocaine trafficking and narco-terrorism conspiracy
-
Iran’s government rocked by protestsSpeed Read The death toll from protests sparked by the collapse of Iran’s currency has reached at least 19
-
Israel approves new West Bank settlementsSpeed Read The ‘Israeli onslaught has all but vanquished a free Palestinian existence in the West Bank’
-
US offers Ukraine NATO-like security pact, with caveatsSpeed Read The Trump administration has offered Ukraine security guarantees similar to those it would receive from NATO
-
Hong Kong court convicts democracy advocate LaiSpeed Read Former Hong Kong media mogul Jimmy Lai was convicted in a landmark national security trial
-
Australia weighs new gun laws after antisemitic attackSpeed Read A father and son opened fire on Jewish families at Sydney’s Bondi Beach, killing at least 15
-
How Bulgaria’s government fell amid mass protestsThe Explainer The country’s prime minister resigned as part of the fallout
-
Benin thwarts coup attemptSpeed Read President Patrice Talon condemned an attempted coup that was foiled by the West African country’s army
