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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTom Steyer's $110 million plan to redefine the Democrats
The billionaire investor is on a collision course with party leaders.
By EDWARD-ISAAC DOVERE 07/31/2018 05:05 AM EDT
Tom Steyer has set plans to spend at least $110 million in 2018, making the billionaire investor the largest single source of campaign cash on the left and placing him on a path to create a parallel party infrastructure with polling, analytics and staffing capabilities that stand to shape and define the issues the party runs on in November.
Steyer is building out an operation thats bigger than anyone other than the Koch Brothers and the billionaire and his aides believe the reservoir of non-traditional voters hes already activated could become the overriding factor in House and other races across the country.
Yet Steyers oversized role also stands to position him squarely against Democratic Party leadership, which has shown little appetite this fall for pursuing one of his signature causes: impeachment.
Unlike the $80 million being spent by Mike Bloomberg, Steyer will put his cash toward building out NextGen America and Need to Impeach, his two growing political organizations, as well as funding clean energy ballot initiatives in Arizona and Nevada. Steyer has already doubled his initial $20 million investment in Need to Impeach to $40 million, and has not ruled out adding more.
Steyer has also already dropped over $5 million into his For Our Future PAC, and is expecting more outlays on behalf of individual candidates like the $1 million he put behind Florida gubernatorial candidate Andrew Gillum, though likely not in any of the remaining primaries.
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https://www.politico.com/story/2018/07/31/steyer-democrats-millions-midterms-751245
yallerdawg
(16,104 posts)He's a Democrat supporting Democratic values and registering voters, non-traditional voters (young and new).
M$M - "He's dividing the Democratic Party."
mucifer
(23,525 posts)I don't care if I agree with him on every single issue. One person should never have that kind of power.