Liberal Billionaire Donors
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From the Left
Yes, liberal billionaires outspent conservative billionaires in the midterms — but that’s only part of the storyEarlier today, below a very evil-looking photo of a very rich Michael Bloomberg, Politico published a list of the top ten political donors of 2014. And much to the glee of conservatives, the two biggest spenders by a mile were hedge fund partner Tom Steyer and ex-New York mayor Michael Bloomberg — both supporters of predominantly liberal causes.
From the Right
Guess Who Spent The Most Money in the 2014 Midterms? Liberal BillionairesWith as many times as outgoing Majority Leader Harry Reid mentioned the Koch brothers in Senate floor speeches this year, you'd think that they were the ones who spent the most money during the 2014 midterm elections. Think again. Out of all the billionaires who donated money to causes or campaigns for the midterms, the top two were Democrats and they outspent everyone else on the list, combined. David Koch isn't even near the top.
From the Left
Big money breaks outTop 100 donors give almost as much as 4.75 million small donors combined. The 100 biggest campaign donors gave $323 million in 2014 — almost as much as the $356 million given by the estimated 4.75 million people who gave $200 or less, a POLITICO analysis of campaign finance filings found.
And the balance almost certainly would tip far in favor of the mega-donors were the analysis to include nonprofit groups that spent at least $219 million — and likely much more — but aren’t required to reveal their donors’ identities.
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April 19th, 2024
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