Billionaire media mogul and former New York City Mayor Michael Bloomberg has approved a plan to spend at least $80 million of his personal fortune on the upcoming midterm elections. His goal, as was first reported by The New York Times on Wednesday, is to help Democrats wrest control of the House from the GOP.
A political independent who has traditionally supported candidates on both sides of the aisle, Bloomberg said in a statement that while he doesn’t “believe in partisanship” and doesn’t much care for political parties, he’d decided to use his considerable wealth to buoy the Democrats because the GOP had “failed” to “prove they could govern responsibly.”
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