Big money flows to Trump to counter Bloomberg [View all]
Source: Politico
The newest super PAC supporting Donald Trump’s reelection has spent more than $80 million in the last month, providing a badly needed boost to the president as his campaign faces a cash crunch and he confronts an avalanche of liberal money.
Preserve America, an outfit that has the backing of GOP megadonors, has suddenly become one of the biggest outside group spenders of the 2020 campaign. Its most recent investment is a $25 million TV ad buy featuring a Kenosha, Wisconsin man accusing Democrat Joe Biden of refusing to stand up to rioters who burned down his small business.
The infusion has given Trump some cover as an array of liberal super PACs descend on swing states. Billionaire former New York City Mayor Michael Bloomberg has launched a $100 million blitz in Florida – a massive sum for a single state.
But Biden’s advertising advantage over Trump is more concerning for the president. Biden out-paced Trump more than 2-to-1 on the airwaves last week, according to the media tracking firm Advertising Analytics.
Read more: https://www.politico.com/news/2020/09/28/trump-super-pac-bloomberg-422407
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