Former New York City mayor Mike Bloomberg plans to spend $80 million to help Democrats take back the House of Representatives in the 2018 midterm elections. This is a huge deal and can move the needle.

Bloomberg is “directing aides to spend tens of millions of dollars in an effort to expel Republicans from power,” the New York Times reports.

“Mr. Bloomberg — a political independent who has championed left-of-center policies on gun control, immigration and the environment — has approved a plan to pour at least $80 million into the 2018 election, with the bulk of that money going to support Democratic congressional candidates, advisers to Mr. Bloomberg said.”

Bloomberg was very vocal about Donald Trump during the 2016 presidential election. He called Trump a con-man and an unscrupulous businessman. It turns out he was right.

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