Michael Bloomberg coughs up $80 million to help Democrats take over House

By Chris Eger

Michael Bloomberg speaking at the International Monetary Fund Spring Meetings in April with IMF Managing Director, Christine Lagarde. (Photo: mikebloomberg.com)
In a bid to flip the polarity of the lower chamber of Congress, former New York Mayor Michael Bloomberg is reportedly ready to fork out a lot of money.
The billionaire has approved a plan to pour some $80 million into the current mid-term election cycle, targeting vulnerable Republican seats and backing a host of progressive Democrats who would like to move into offices on Capitol Hill, The New York Times reports.
While the GOP holds firm control on the House for the rest of the year, with 235 seats compared to 193 Dems, the latter only need to pick up 25 spots to seize narrow control over the body with Nancy Pelosi as likely speaker — and with every Congressional district up for grabs in November it could happen.
“Republicans in Congress have had almost two years to prove they could govern responsibly. They failed,” Bloomberg said in a statement.
Bloomberg, a Democrat who founded Mayors Against Illegal Guns in 2006, one of the first national gun control groups, waded again into gun politics in speaking of his reasons to spend a sizeable chunk of

Source: Guns.com