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Bloomberg Makes His Money Walk and Talk

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What do you do if you are a billionaire mayor who is about to be term limited out of office, and you've already extended term limits once?

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You start putting your money to use across the country to make sure your voice is still heard.

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Mayor Michael Bloomberg announced today that he will spend "eight figures" to influence gun laws and education policy across the country. The money will be spent to support moderates and independents around the country.

Deputy Mayor Howard Wolfson will oversee the venture. Bloomberg said in a statement:

It's critically important that we have elected officials in Washington, Albany, and around the nation who are willing to work across party lines to achieve real results. I’ve always believed in the need for more independent leadership, and this new effort will support candidates and causes that will help protect Americans from the scourge of gun violence, improve our schools, and advance our freedoms

Bloomberg donated the maximum amount of $10,000 to each Republican State Senator who voted for same-sex marriage, reportedly donated $100,000 to the Senate Republican housekeeping account and is pouring cash into the same-sex marriage legalization effort in Maryland.

Photo courtesy of the Office of Mayor Bloomberg. Photo by Kristen Artz.

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Guest Tuesday, 08 July 2014