Billionaires Michael Bloomberg and George Soros are pouring money into the Georgia Senate races in an effort to win more Senate seats for the DNC. These two are not strangers to money in politics, according to some reports Bloomberg spent an estimated $1 Billion on this election cycle. More from the Washington Free Beacon:
A group bankrolled by liberal billionaires George Soros and Michael Bloomberg is pouring $300,000 into Georgia to back Raphael Warnock and Jon Ossoff in the runoff elections.
The Black PAC, which works to push black voters to the polls, on Tuesday reported spending $300,000 on canvassing for the two Democratic candidates. This is the first significant expense from an outside liberal group in the pivotal Georgia runoffs that will determine which party controls Congress’s upper chamber next year. The elections are expected to garner tens of millions in outside spending from Democratic and Republican groups.
The Black PAC is heavily financed by left-wing billionaires, dark money, and the Chuck Schumer-tied Senate Majority PAC. It received $1.5 million from the Democracy PAC, a super PAC created by Soros, and $6.32 million from Bloomberg. The Sixteen Thirty Fund, which has been used as an avenue to push $55 million in secret cash into the 2020 elections, gave $2.25 million, while the Senate Majority PAC added $1 million. Other liberal groups, such as America Votes, Unite the Country, and various union PACs, have added millions more.
The Black PAC’s latest filings show the group raised $23.5 million and spent $12.5 million as of mid-October. It did not respond to a request for comment.
Ironically it’s the ultra-rich 1% that bankroll the far-left’s campaigns. While Democrats talk a lot about reforming the way wealth works so no one can ever be this rich, they may never do anything considering who is paying them. Soros will likely remain a figure in American politics as a result of his vast wealth for the foreseeable future.