Trump Says $400M and Bloomberg Gives Nearly $80M for Midterm Campaigns
Photo: CNBCFormer New York City Mayor Michael Bloomberg is contributing nearly $80 million to Democratic midterm campaigns, while President Donald Trump says his political operation is spending $400 million on Republican midterm efforts. Trump made the announcement in a social media post on Tuesday, saying it was a great honor to spend on behalf of the Republican Party, and he had earlier said the total would fall within a range. The spending comes before the Nov. 3 election, as Democrats hope to regain majority control of the House of Representatives and the Senate.
Alternative and independent outlets split their emphasis. CNBC, citing The New York Times, leads with Bloomberg's $80 million and Democrats' hopes of retaking Congress, while Newsweek leads with Trump's spending and his stated belief in the GOP amid turbulent polling. Left-leaning outlets lead with Trump's $400 million figure and his own explanation of it. Right-leaning outlets lead with Bloomberg's contribution, describing it as a major financial boost for Democrats. All sides report the same core figures; they differ mainly over which spending they put first.
How the sides differ Left sources lead with Trump's $400 million GOP spending; right sources lead with Bloomberg's $80 million for Democrats; alternative sources split between the two.
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Leads with Trump's $400 million midterm spending, relying on his social media post to explain the decision.
CNBC leads with Bloomberg's $80 million and Democrats' hopes of retaking Congress. Newsweek leads with Trump's spending and his belief in the GOP amid turbulent polling.
Leads with Bloomberg's nearly $80 million for Democratic campaigns, presenting it as a major financial boost for the party.