And former New York Mayor Michael Bloomberg has pledged to spend $100 million on ads targeting Trump, while California billionaire Tom Steyer promised $50 million. But the influx of cash is soothing anxiety in some corners of the party that Trump, who has repeatedly broken fundraising records, was off to an unprecedented early start in the 2020 advertising wars. “It’s safe to say the gap is closing,” said David Brock, who leads several Democratic groups, including American Bridge. Yet the money he is raising there will enable him to flood important states with advertising early next year. Since Trump took office, many Democrats have celebrated an outpouring of small-dollar online contributions from an energized grassroots base.

Source: thestar December 02, 2019 05:15 UTC