Buttigieg And Klobuchar Out: The Battle For Their Billionaire Backers

  • 📰 Forbes
  • ⏱ Reading Time:
  • 74 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

With Buttigieg and Klobuchar out, there's now a battle for their billionaire backers by mtindera07

Bernie doesn’t want their cash. When one spouse of a billionaire sent his campaign $470 last summer, the Vermont senator. Elizabeth Warren is accepting billionaire donations, but she is also proposing a 6% wealth tax on the richest people in the country—something that would wreak havoc on billionaires’ business empires. Michael Bloomberg, a billionaire in his own right, is self-funding his campaign—he’s spent aboutdoing it—and isn’t taking any outside funds, regardless of who wants to send them.

That leaves Biden. He should have an easy sales pitch when trying to lure backers who previously supported Klobuchar and Buttigieg. More than one-third of Buttigieg’s billionaires have already given money to the former vice president this cycle, according to a review of FEC filings:Pete Buttigieg’s campaign received contributions from 61 billionaires or their spouses over the course of his campaign, according to areview of Federal Election Commission filings.

Klobuchar’s kingmakers have also proven likely to shell out for Biden. In fact, he’s the only remaining candidate that any of them have already supported, according to FEC filings:found that Amy Klobuchar’s campaign picked up contributions from 33 billionaires and their spouses during the course of her campaign, according to a review of Federal Election Commission filings.

Any new campaign donors would be helpful for the former vice president. Even more helpful, however, would be new super PAC donors. Donations that go directly to campaigns are limited to $5,600 per race . But there are no limits on how much someone can donate to super PACs, which cannot coordinate directly with candidates but can run massive advertising campaigns in support of them., a super PAC supporting Biden, Unite the Country, had already received big checks from three billionaires.

Consider Pete Buttigieg’s winning campaign in Iowa. To bolster his following in the Hawkeye State, he spent

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

mtindera07 If only there was one candidate who wouldn’t fall all over himself to sell out to them 🤔

mtindera07 because of course there is.

mtindera07 Not really, since Bloomberg and Sanders aren't taking contributions (from billionaires) and Warren *says* she isn't. As for Gabbard...none of them are going to back her, honestly.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beto O’Rourke to endorse BidenHe will join Pete Buttigieg and Amy Klobuchar as converts to the cause. Wow, saw him as a Bernie man. Nobody cares about this candy ass
Source: politico - 🏆 381. / 59 Read more »

On Super Tuesday eve, Biden gets boost from former rivalsFormer Democratic rivals Amy Klobuchar, Pete Buttigieg and Beto O'Rourke are all uniting behind Joe Biden's presidential bid. Meantime, Bernie Sanders appears positioned to seize a significant delegate lead on Super Tuesday. Let’s hope not It took a Democratic WH, Senate, House & over a year of bickering to pass ACA! That cost Dems Senate & House! Dreaming Medicare for All will pass in this country is insanity, empty promise to get votes, it’ll never happen! We’ll lose the House and realDonaldTrump be re-elected
Source: AP - 🏆 728. / 51 Read more »

Biden nabs Klobuchar, Buttigieg support on Super Tuesday eveAmy Klobuchar and Pete Buttigieg are uniting behind Joe Biden's presidential bid as the Democratic Party's moderate wing scrambles to boost the former vice president just hours before Super Tuesday. Elizabeth Warren if hoping to get the Cherokee vote. Biden is obviously showing signs of Dementia! Sanders is a Socialist/Communist. Does this not scare you? Biden doesn't know what state he's in or what day it is most of the time. Biden needs to be tested for dementia.
Source: ABC - 🏆 471. / 51 Read more »

Bernie Sanders’s Elizabeth Warren problemWith Joe Biden getting a boost from Pete Buttigieg's and Amy Klobuchar's exits, the question now turns to Elizabeth Warren, whom some Bernie Sanders supporters want out.
Source: washingtonpost - 🏆 95. / 72 Read more »

Joe Biden’s Campaign Gets Pre-Super Tuesday Boost From Showbiz FiguresAs Joe Biden enjoyed pre-Super Tuesday endorsements from former opponents Pete Buttigieg, Amy Klobuchar and Beto O’Rourke on Monday, he’s getting more celebrity endorsements and a big b… He can’t beat dumpster. He’s too much like him.
Source: DEADLINE - 🏆 109. / 63 Read more »