Former New York Mayor Michael BloombergMichael BloombergEngel scrambles to fend off primary challenge from left It’s as if a Trump operative infiltrated the Democratic primary process Liberals embrace super PACs they once shunned MORE questioned whether President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE and Bloomberg’s fellow Democratic presidential hopeful Tom SteyerTom SteyerBloomberg wages war on COVID-19, but will he abandon his war on coal? Overnight Energy: 600K clean energy jobs lost during pandemic, report finds | Democrats target diseases spread by wildlife | Energy Dept. to buy 1M barrels of oil Ocasio-Cortez, Schiff team up to boost youth voter turnout MORE were actually billionaires like himself in an interview with CNN’s Christiane Amanpour that aired Tuesday afternoon.
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Amanpour, noting that the founder of Bloomberg LP and Bloomberg News was “outspending your Democratic rivals by a factor of three to one,” said this had given rise to the question “Do we need yet another billionaire in the race?”
“Who’s the other billionaire?” Bloomberg asked, prompting Amanpour to answer “Well, isn’t there a Tom Steyer and a Donald Trump?”
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“I’ve never seen their tax returns, so I don’t know,” Bloomberg replied, adding, “This is just another investment in a long list of, whether we put a billion dollars into the environment, we put 600 million dollars into fighting guns, and that sort of thing — or, spending whatever it takes to get elected and provide good government, because leadership really does matter.”
“I’ve been giving away, so far I think I’ve given away something like 10 billion dollars for things that I think are important in this country, one of which is getting us a good president,” the former mayor said.
Although Trump has yet to make his tax returns public, Steyer released his own in October showing $146 million in income in 2017.
Bloomberg’s personal wealth has made him a frequent target of his fellow 2020 candidates, particularly those with economic populist messages such as Sens. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.) and Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.), who have accused him of trying to buy the Democratic nomination.
“We do not believe that billionaires have the right to buy elections, and that is why we are going to overturn Citizens United, that is why multibillionaires like Mr. Bloomberg are not going to get very far in this election, that is why we are going to end voter suppression in America,” Sanders said at a November campaign event.