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Former New York City Mayor Michael Bloomberg is expected to spend at least $80 million in the 2018 midterm elections supporting Democratic candidates as part of his larger goal of flipping 23 Republican-held seats in the House, to put Democrats back in power, the New York Times reported Wednesday.Sources close to Bloomberg tell CBS News that they expect his funding could be even higher than $80 million by the end of the midterm spending season.Bloomberg has been an outspoken voice for center-left politics, and his candidate funding, which the New York Times first reported, could serve Democrats well in the face of Republicans. There have been reports this past year that the DNC is deep in debt, while Politico reported Wednesday morning that the RNC is $47.1 million in the green. It is not clear which races Bloomberg will choose to target.The spending serves as a Democratic response stanley cups to a consistent flow of Republican money into races, from both individuals and sup stanley cup erPACs. Howard Wolfson, who is overseeing the effort as an adviser to Bloomberg and former executive director of the Democratic Congressional Campaign Committee DCCC , confirmed the $80 million plan to the Times stanley cup . More from CBS News DACA recipient elected to New Mexico legislature and other historic Druo Newt Gingrich vows to win his way in 2012; Can it work
Then Sen. Barack Obama campaigns in this 2008 file photo AP President Obama has yet to launch his first official campaign swing, and his advisers say they may wait until later this spring, a move that would mean he will embark on his re-election tour at a later stage than President George W. Bush or President Bill Clinton.The main reason being that Republicans have yet to decide on a nominee and the Obam stanley mug a team doesn t want to interfere in the bitter Republican family feud.According to records by CBS Mark Knoller, Mr. Clinton began campaigning early in the year. His first official campaign swing, on February 2, was a two-day trip to New Hampshire, with stops in Manchester, Concord, Nashua, Salem and Merrimack - even before Republicans had started their nomination contests. In 2004, Mr. Bush got a later stanley cup start, waiting until after Sen. John Kerry was declared the presumptive nominee, bu gourde stanley t he still didn t wait as long as Obama plans to. He held his first campaign rally in Orlando, Florida on March 20 and started attacking Kerry right out of the gate. My opponent clearly feels strongly about each of these issues, he said, so strongly that one position is never just enough. And although Mr. Obama has made a few, indirect, swipes at Mitt Romney lately - on housing, the auto industry and the poor -- his team is happy to stand back and let the Republic
Former New York City Mayor Michael Bloomberg is expected to spend at least $80 million in the 2018 midterm elections supporting Democratic candidates as part of his larger goal of flipping 23 Republican-held seats in the House, to put Democrats back in power, the New York Times reported Wednesday.Sources close to Bloomberg tell CBS News that they expect his funding could be even higher than $80 million by the end of the midterm spending season.Bloomberg has been an outspoken voice for center-left politics, and his candidate funding, which the New York Times first reported, could serve Democrats well in the face of Republicans. There have been reports this past year that the DNC is deep in debt, while Politico reported Wednesday morning that the RNC is $47.1 million in the green. It is not clear which races Bloomberg will choose to target.The spending serves as a Democratic response stanley cups to a consistent flow of Republican money into races, from both individuals and sup stanley cup erPACs. Howard Wolfson, who is overseeing the effort as an adviser to Bloomberg and former executive director of the Democratic Congressional Campaign Committee DCCC , confirmed the $80 million plan to the Times stanley cup . More from CBS News DACA recipient elected to New Mexico legislature and other historic Druo Newt Gingrich vows to win his way in 2012; Can it work
Then Sen. Barack Obama campaigns in this 2008 file photo AP President Obama has yet to launch his first official campaign swing, and his advisers say they may wait until later this spring, a move that would mean he will embark on his re-election tour at a later stage than President George W. Bush or President Bill Clinton.The main reason being that Republicans have yet to decide on a nominee and the Obam stanley mug a team doesn t want to interfere in the bitter Republican family feud.According to records by CBS Mark Knoller, Mr. Clinton began campaigning early in the year. His first official campaign swing, on February 2, was a two-day trip to New Hampshire, with stops in Manchester, Concord, Nashua, Salem and Merrimack - even before Republicans had started their nomination contests. In 2004, Mr. Bush got a later stanley cup start, waiting until after Sen. John Kerry was declared the presumptive nominee, bu gourde stanley t he still didn t wait as long as Obama plans to. He held his first campaign rally in Orlando, Florida on March 20 and started attacking Kerry right out of the gate. My opponent clearly feels strongly about each of these issues, he said, so strongly that one position is never just enough. And although Mr. Obama has made a few, indirect, swipes at Mitt Romney lately - on housing, the auto industry and the poor -- his team is happy to stand back and let the Republic