Bloomberg Forming ‘Super PAC’ to Influence 2012 Races
Seeking to reshape a national political debate he finds frustratingly superficial, Mayor Michael R. Bloomberg of New York is plunging into the 2012 campaign in its final weeks, creating his own “super PAC” to direct millions of dollars in donations to elect candidates from both parties who he believes will focus on problem solving.
Mr. Bloomberg, a billionaire and a registered independent, expects to spend from $10 million to $15 million of his money in highly competitive Congressional, state and local races.
The money would be used to pay for a flurry of advertising on behalf of Republican and Democratic candidates who support three of his biggest policy initiatives: legalizing same-sex marriage, enacting tougher gun laws and overhauling schools.
Among those Mr. Bloomberg will support are former Gov. Angus King, an independent running for the United States Senate in Maine; State Senator Gloria Negrete McLeod, who is challenging a fellow Democrat, Representative Joe Baca of California, who the mayor believes has been weak on gun-control; and Representative Bob Dold, a Republican from Illinois who has backed gun-control measures.
The move reflects an eagerness from Mr. Bloomberg, who is entering the twilight of his mayoral term, to help elect more centrist candidates, who are willing to compromise and grapple with what he sees as grave problems confronting the country.