Billionaire Bloomberg to spend $100 million in Florida to help Biden


  • World
  • Sunday, 13 Sep 2020

FILE PHOTO: U.S. Democratic presidential candidate Michael Bloomberg speaks at a North Carolina Democratic Party event in Charlotte, North Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson

NEW YORK (Reuters) - Michael Bloomberg, who spent $1 billion of his own money on a failed 2020 presidential bid, will inject at least $100 million to help Democrat Joe Biden's campaign against President Donald Trump in Florida.

The billionaire's decision comes at a critical moment in the final 51 days of the race, with polls showing a close race in the battleground state and no financial advantage for the sitting president as voting gets under way later this month.

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