Former New York City Mayor Michael Bloomberg and businessman Tom Steyer spent a combined $340 million in the last quarter of 2019, far outpacing the amount spent by their rivals in the Democratic presidential race.
The two billionaire candidates competing in the crowded Democratic primary also gave their campaigns a combined $355 million in the same period, according to Federal Election Commission data released on Friday.
Bloomberg, who is entirely self-funding his campaign, spent more than $188 million in the fourth quarter and ended the period with $12 million in cash on hand. Steyer spent around $153 million in the last quarter of the year and ended it with $5.4 million in cash on hand.
The figures show that Bloomberg and Steyer each spent more in the final three months of 2019 than four of the top Democratic contenders combined.
Read more at The Hill.
{Matzav.com}
It just goes to show that just because one is a billionaire, it doesn’t mean they are that bright.
The American people cannot be bought off anymore by rich politicians who have done nothing but destroyed the country.