Dem megadonor plans to give $110 million for midterms, but it could spell big trouble for Party leadership

Liberal billionaire Tom Steyer is moving on plans that threaten to create a parallel party infrastructure that competes with the Democrat Party.

Steyer plans to spend at least $110 million in 2018, Politico reported, which would make the Democrat donor the largest single source of campaign cash on the left, according to the online news source.

With the large investment, the billionaire is very likely to end up shaping the issues Democrats run on in November.

Issues such as the impeachment of President Donald Trump, which will “position him squarely against Democratic Party leadership, which has shown little appetite” for the cause, according to Politico’s chief Washington correspondent, Edward-Isaac Dovere.

House Minority Leader Nancy Pelosi called impeachment “divisive” earlier this year.

“I do not think that impeachment is a policy agenda,” she said at a CNN town hall.

Michael Bloomberg is spending $80 million, Dovere noted, but the billionaire looks to be staying within the confines of the party’s agenda. Former President Barack Obama’s Organizing for Action has also raised tens of millions of dollars and while it is sure to heavily influence the party’s direction, the group is working more in partnership with the party.

Steyer’s generosity comes as reliable Democratic donor George Soros took strides to distance himself from the party in a sweeping New York Times interview where he called Obama his “greatest disappointment.”

“I don’t particularly want to be a Democrat,” Soros claimed.

As for Steyer, he is putting his money into two organizations, NextGen America and Need to Impeach, and will have a staff of almost 1,000 people, plus 2,000 volunteers, Politico reported.

An operation that would come in handy if Steyer decided to make a presidential run in 2020.

One that only pales in comparison to the Koch brothers, according to Dovere.

Speaking of the billionaire mega-donors, President Donald Trump ripped them after they announced they will not assist a Republican candidate in an important Senate race in North Dakota — their reasoning being the candidate’s failure to oppose Trump’s proposed trade tariffs.

“I never sought their support because I don’t need their money or bad ideas,” Trump tweeted.

Nevertheless, social media users noted the hypocrisy of liberals attacking the Koch brothers while praising Steyer for unloading his cash on their behalf:


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