August 16, 2022

Michael Bloomberg backtracks on promise to financially support Democrat nominee: Report

Democrat nominee Joe Biden is rapidly losing his polling edge, sending Democrats into a panic. While nearly every former Democrat presidential candidate has fallen on their sword to ensure Biden’s success, there is one former opponent that has quietly resisted.

The New York Times reported on Sunday that former New York City Mayor and billionaire Michael Bloomberg has stabbed Biden in the back by refusing to financially bolster Biden’s campaign after promising to do so in January. 

According to the Times, as the Biden campaign looks for ways to make inroads in Florida, “at least two pro-Biden groups have approached Michael R. Bloomberg …. about the possibility of funding an enormous blitz against Mr. Trump in Florida, arguing that delivering the state’s 29 Electoral College votes to Mr. Biden would effectively end the election.”

However, Bloomberg’s team responded to the request by explaining that the billionaire “has not approved any plans for spending money in the presidential race.”

This statement is a shocking reversal from Bloomberg’s pledge in January — when he suspended his ailing campaign –, in which he said that he would continue to pay nearly 500 staffers to do whatever it takes to get Trump out of the White House.

Axios reported at the time:

Mike Bloomberg will pay for the nearly 500 staffers on his presidential campaign to continue working through November to support whoever wins the 2020 Democratic nomination, even if it’s not him.

Bloomberg has pledged to spend $15 million on efforts to drive voter turnout, and his staffers could help that push effort in key states.

Biden is rapidly losing Florida voters to Trump after neglecting the critical swing state for much of the summer. Bloomberg’s pledge to spend millions in “key states” would come in handy for the Biden campaign right now, but it appears that Bloomberg has no plans to make good on the pledge.

Fox News reported on Saturday that Bloomberg has been attempting to “insert himself into the Biden campaign and influence policy,” according to insiders, but the Biden campaign doesn’t want his input, only his money. In turn, it appears that Bloomberg may be withholding his financial resources despite his former pledge to do whatever it takes to oust Trump.

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