Tags: Trump Administration | Democrats 2016 | George Soros | george soros | democrats | donation

Soros Spends $25 Million This Year Backing Democrats, More to Come

Soros Spends $25 Million This Year Backing Democrats, More to Come
George Soros (AP Photo Manuel Balce Ceneta)

By    |   Thursday, 28 July 2016 12:23 AM

Billionaire political donor George Soros has lowered his activities in recent years, but, reportedly concerned his progressive ideas are at stake, has raised his activities this year to rival the $27 million he spent trying to defeat President George W. Bush in 2004, Politico reports.

Soros has already donated or made commitments this year of more than $25 million, according to FEC filings cited by Politico. He reportedly has faith in Democratic presidential nominee Hillary Clinton, whom he has known for years, and is concerned about Republican Donald Trump.

Michael Vachon, Soros' political adviser, told Politico that Soros "has been a consistent donor to Democratic causes, but this year the political stakes are exceptionally high. They were high even before Trump became the nominee because of the hostility on the other side toward many of the issues George cares most about and has worked to support for many years, including immigration reform, criminal justice reform and religious tolerance."

According to FEC records and Politico's reports, Soros donated:
  • $2 million to American Bridge 21st Century, a super PAC doing opposition research to target Trump and other Republicans.
  • $700,000 to various Democratic Party committees, PACs and campaigns, including Clinton's.
  • $1.5 million each to Senate Majority PAC and Planned Parenthood Votes.
Among his commitments, as reported by Politico:
  • $5 million to Immigrant Voters Win super PAC ($3 million was donated through June.)
  • $5 million Voting Rights Trust, a nonprofit organization that fight "conservative efforts to restrict voting."
  • $2 million to America Votes, a voter mobilization group
  • $1 million to state-based voter mobilization group.

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Politics
Billionaire political donor George Soros has lowered his activities in recent years, but, reportedly concerned his progressive ideas are at stake, has raised his activities this year to rival the $27 million he spent trying to defeat President George W. Bush in 2004, Politico reports.
george soros, democrats, donation
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2016-23-28
Thursday, 28 July 2016 12:23 AM
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