PHOTO FILE: American Democratic presidential candidate Michael Bloomberg speaks at a campaign event in Memphis, Tennessee, USA Feb. 28, 2020. REUTERS/Karen Pulfer Focht/image file
NEW YORK (Reuters) – billionaire and former presidential candidate Mike Bloomberg are considering a great spending blitz to return to the price of Joe Biden White House, CNBC report on Friday.
The former mayor of New York is committed to funding candidates but not sure whether the money will go to Pro-Biden Super PACS, Biden’s joint fundraising efforts with the Democratic National Committee (DNC) or an independent group, the reporting network, citing those familiar with the conversations.
Former vice president Biden was the assumed Democratic candidate for inclusion in the President of the United States Donald Trump in November. Biden and Trump each raised about $60 million in April, but Trump and the Republicans hold a rather large money advantage.
The Biden campaign refused to comment when asked by Reuters about spending.
“As Mike has said, he supports Vice President Biden in defeating Donald Trump. We are currently looking at how to support the best (former) Vice President Biden, as well as the Democrats ‘ victory up and down the ballot in November, just like Mike Bloomberg did in the previous cycle, “a Bloomberg spokesman said.
The CNBC expenditure report exceeds $250 million, but Bloomberg’s campaign has not confirmed that number.
Any major financial support from Bloomberg for Biden does not include what…