Bloomberg campaign spends $460m in first quarter ahead of Super Tuesday
Source: The Guardian
Bloomberg campaign spends $460m in first quarter ahead of Super Tuesday
Federal Election Commission filings released on Thursday show money is sourced from ex-mayors own pockets
Kenya Evelyn in Washington
@LiveFromKenya
Fri 21 Feb 2020 15.42 GMT
Last modified on Fri 21 Feb 2020 15.46 GMT
Billionaire presidential candidate Mike Bloomberg has now spent $460m on his campaign in just three months. According to Federal Election Commission (FEC) filings released on Thursday, the money is being sourced from his own pockets.
The former New York City mayor and media mogul has claimed his campaign will stay entirely self-funded, drawing criticism from opponents who accuse him of seeking to buy the election.
Bloomberg faced mounting attacks in his first qualifying appearance at the Democratic debate in Las Vegas on Wednesday.
Democrats take a huge risk if we just substitute one arrogant billionaire for another, said the Massachusetts senator Elizabeth Warren, opening the debate. By February, the campaign had more than $55m in cash on hand, more than some of his opponents raised all of last year.
Warren continued to criticize his big spending after the debate.
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Read more:
https://www.theguardian.com/us-news/2020/feb/21/mike-bloomberg-campaign-spending-first-quarter