Soros Triples Election Spending, Pouring $70 Million Into 2020 Efforts
Liberal billionaire George Soros has funneled nearly $70 million into the 2020 elections, tripling his previous record, new filings show.
The Democracy PAC, a super PAC created by Soros to fund left-wing groups working to defeat Republicans, has poured $68.5 million into electoral efforts this cycle, according to the Federal Election Commission. That sum is $46 million more than Soros's previous high of $22 million, which came during the last presidential cycle.
The billionaire has amplified his election spending as deep-pocketed donors attempt to oust Trump from office and flip control of the Senate to Democrats. Soros's cash is part of a spending blitz that has primarily benefited Joe Biden. So far this cycle, outside spending has exceeded $1 billion and is on track to shatter previous records.
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