US Election 2020: Joe Biden Gets $100 Million Backing From Mike Bloomberg

Donald Trump will be also spending around $100 million from his own money towards his campaign after there were shortfalls in his campaign’s cash flow.

Neel Raju Nalawade

September 14, 2020

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Ahead of the 2020 US Presidential elections, the battle for the White House has heated up. According to the latest news reports, former mayor of New York City and billionaire Mike Bloomberg will be spending at least US $100 million to boost Democratic candidate Joe Biden’s prospects in Florida which is known as a battleground state that could certainly sway the Presidential elections’ outcome. Sources state that this much-needed cash infusion would be a big game-changer in the upcoming elections. Reports also state that Donald Trump will be also spending around $100 million from his own money towards his campaign after there were shortfalls in Trump’s campaign cashflow.

Mike Bloomberg’s decision to infuse cash has comes at a very critical moment in the final 51 days of the race. So far, the polls are showing a close race in Florida and a boost in cash flow will be beneficial in conducting campaigns and other activities.

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