LOS ANGELES -Dozens of former Republican and Democratic officials announced on Wednesday a new national political third party to appeal to millions of voters they say are dismayed with what they see as America's dysfunctional two-party system.
The new party is being formed by a merger of three political groups that have emerged in recent years as a reaction to America's increasingly polarized and gridlocked political system. The leaders cited a Gallup poll last year showing a record two-thirds of Americans believe a third party is needed. It is unclear how the new Forward party might impact either party's electoral prospects in such a deeply polarized country. Political analysts are skeptical it can succeed.
"We are starting in a very strong financial position. Financial support will not be a problem," Yang said.
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